EXPLORATION & DEVELOPMENT

Salt Lake promotes Lake Way demonstration numbers

SALT Lake Potash has outlined a demonstration-style development in Western Australia that could cost A$50 million to build and be capable of yielding 50,000 tonnes per product selling for about $667 per tonne at a cost of $387/t FOB.

 New life in old gold pits for Salt Lake Potash venture.

New life in old gold pits for Salt Lake Potash venture.

Notionally at least, such a margin would generate annual cashflow at an operational level of $14 million per annum. The demonstration project at Lake Way is based on previously mined gold open pits...

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