EXPLORATION & DEVELOPMENT

Agrimin claims low-cost potash crown

AGRIMIN may not be the first to market with a West Australian-created sulphate of potash product, but with today’s unveiling of the company’s definitive feasibility study it claims to be on the path of becoming the world’s lowest cost producer with cash costs of US$159 per tonne.

 Agrimin has spent $25 million on Lake Mackay over the past two years.

Agrimin has spent $25 million on Lake Mackay over the past two years.

The company says its 100%-owned, $415 million Mackay development is now far more valuable than estimated in its earlier studies, and can produce at costs some 28% lower than originally forecast in May...

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