Nedlands-based junior Agrimin will walk away from its Mackay Potash Project after an eight month strategic review found it was untenable, instead shifting its focus to non-potash minerals.
Australian Potash will be able to begin exploration activities at its Nexus rare earth elements and lithium project, following the execution of a land access agreement.
Risk Communication Australia managing director Paul McLeod says incorporating potash as a critical mineral and nurturing the solar SOP industry could elevate Australia to a central role in the global potash market.
Directors of Australian Potash have surrendered their mining leases and pulled the pin on a review process, blaming the ‘demise' of local projects for a lack of investment support in the sector.
Australian Potash has put its flagship Lake Wells development on pause and pivoted to nearby exploration activities after a strategic review failed to attract an investment partner.
Australian Potash has drafted former Northern Australian Infrastructure Facility director Patrick Leung as new chief financial officer as the company works towards further funding arrangements.
Shares in Subiaco-based Australian Potash dropped nearly 21 per cent after concluding a $12 million capital raise that is set to add another 150 million shares to its register.
Maddington-based PWR Hybrid has been named as the preferred proponent to build a microgrid at Australian Potash's $208 million development in the Goldfields.
The chief executive of one of seven major potash companies in WA has expressed the need for a cautious approach when it comes to developing a new resource industry.
Our board moves wrap includes Michelle Blandford, Scott Nicholas, Stephen Buckley, Rowan Caren, Justyn Stedwell, Felicity Repacholi-Muir, David Williams, and Ben Wyatt.
Salt Lake Potash has secured a further $28 million in funding as it deals with delays to the commissioning of its Lake Way project, while Australian Potash is raising $10 million.
Australian Potash has secured further funding required for the development of its Lake Wells project in WA while asserting the quality of its K-Brite fertiliser product.
Australian-based gold producer St Barbara (SBM) has acquired a 70 per cent interest in Perth-based resources company Australian Potash's Lake Wells Gold Project east of Laverton.
Our board moves wrap includes Stephen Buckley, Alison Gaines, Peter Plakidis, Bianca Taveira, Tim Allison, Keith Smith, Nick Castleden, Karen Logan, Jessamyn Lyons, and Colin Noid.
Australian Potash has secured $140 million in federal government funding to cover more than two thirds of the development costs associated with its Lake Wells project in WA.
The Waitsia expansion, a gas power station in the Pilbara, and a potash project near Laverton have received ministerial approval days before the government enters caretaker mode.
Australian Potash has confirmed resolution of an appeal related to its Lake Wells development in the Goldfields but awaits further consultation from the environment minister.
Kerry Stokes-backed BCI Minerals has announced an underwritten entitlement offer to fund early construction works on its $780 million Mardie salt and potash project.
Australian Potash has secured the majority of revenue forecast for its Lake Wells potash project in Western Australia after signing its fourth fertiliser offtake deal.
As Australian Potash clears the last hurdles on the pathway to production at its Lake Wells sulphate of potash project, the company has inked a third binding offtake deal with Tier 1 Mitsui & Co for 30,000 tonnes per annum of its “K-Brite” premium fertiliser. The third deal now brings the company's total committed offtake to a remarkable 100,000tpa of the project's 150,000 tonnes of sulphate of potash, expected to be produced annually from the West Australian mine.
Perth-based Australian Potash has sought further funding for its Lake Wells project in Western Australia after announcing a $5.15 million capital raising.
Australian Potash has identified a large number of gold anomalies from a regional air core drilling program at its Lake Wells joint venture gold project located approximately 130km north-east of Laverton in WA. Drill intercepts of up to 6m at 0.327 grams per tonne gold have included anomalous levels of pathfinder elements often associated with gold mineralisation.
