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Potash Ridge on Potash Investing News
Dec. 20, 2012 02:09PM PST
Potash InvestingResource Investing News is pleased to announce the launch of Potash Ridge (TSX:PRK) on Potash Investing News.
Potash Ridge Corporation’s advanced-stage development project, Blawn Mountain, is a an alunite deposit strategically located in the mining-intensive state of Utah and in close proximity to well-established infrastructure. Global demand for SOP products is expected to grown 5 percent annually between 2012 and 2016. A completed Preliminary Economic Assessment shows a NPV of $1.3 bilion at 10% and an IRR of 21.3%, after tax. The Company is targeting a production rate of 680,000 tpy SOP by mid-2016.