Salt Lake gets backing by Taurus

SALT Lake Potash has become another of the new wave of potash contenders to secure financing, with Taurus Funds Management to provide up to A$214 million for the Lake Way development near Wiluna.

Salt Lake gets backing by Taurus Salt Lake gets backing by Taurus Salt Lake gets backing by Taurus Salt Lake gets backing by Taurus Salt Lake gets backing by Taurus

Financiers arriving in Western Australia as upside in potash plays embraced by equity markets

Scoping work for Lake Way estimated capital costs of $237 million, with a bankable feasibility expected this quarter and the funding by Taurus to come in stages.

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