Potash

Kalium Lakes Ltd. (ASX:KLL) announced that the first salts have commenced precipitation at the large-scale pilot ponds at its Beyondie sulfate of potash project.

Kalium Lakes Ltd. (ASX:KLL) announced that the first salts have commenced precipitation at the large-scale pilot ponds at its Beyondie sulfate of potash project.
Highlights are as follows:

  • First salts commence precipitating in large scale pilot ponds
  • Kalium Lakes confirms the Pre-Feasibility Study (PFS) inclusive of an updated Mineral Resource Statement and targeted Maiden Reserve is on track for release during September
  • The PFS works, including CAPEX and OPEX, are currently being Independently Reviewed
  • Realised cost of installing lined ponds is approximately $5.40 per square metre, inclusive of cut and fill earthworks to create level tiered pond floors, pond wall construction, liner supply and liner installation

Brad Hazelden, managing director of Kalium Lakes, commented:

The production of first salts was achieved at the expected point and time within the Large Scale Pilot Pond system, which continues to confirm the quality of our previous work both in the laboratory and during small scale pilot trials.
It is important to continue to focus on real data, obtained from actual operational and construction outcomes. The veracity and rigour of our approach and work will be vitally important when looking to secure project finance on completion of a Bankable Feasibility Study.

Click here to read the full Kalium Lakes Ltd. (ASX:KLL) press release.

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