Salt Lake Potash Ltd is advancing the development of its flagship sulphate of potash (SOP) project, Lake Way, in the Western Australian Goldfields. The Perth-based company is aiming to develop a 245,000 tonnes per year SOP operation. EBITDA is likely to be A$111 million per year and Lake Way would have one of the lowest operating costs for global SOP producers. As of November 2020, construction of the project is 74% complete.