logo-loader
viewSalt Lake Potash Ltd

Salt Lake Potash procurement on schedule for March 2021 Lake Way SOP production

All key vendor contracts have been executed and with no impacts from COVID-19 on the SOP project's development timeline.

Salt Lake Potash Ltd - Salt Lake Potash procurement on schedule for March 2021 production
Rotary dryer on factory floor in Green Bay, Wisconsin, USA

Salt Lake Potash Ltd (ASX:SO4) (LON:SO4) (OTCMKTS:WHELF) has procured 90% of all major long-lead items for its process plant and non-process infrastructure in line with or ahead of schedule for its Lake Way Project.

The project in the Goldfields region of Western Australia remains on track for first SOP sales in the March 2021 quarter.

Chief executive officer Tony Swiericzuk said: “During the June quarter our procurement and engineering teams have been busy finalising contracts with suppliers and completing detailed engineering of the plant and non-process infrastructure.

“So far we have seen no impact to the project schedule from COVID-19 as we push towards first production in the March quarter of next year.”

Centrifuges in Huddersfield, Yorkshire, United Kingdom.

On track for development

The largest procurement package, the process plant crystalliser, commenced transit to Australia at the end of June and is expected to arrive at Fremantle Port in late July, weeks ahead of schedule.

Crystalliser loading onto ship in Guangdong province, China.

Other major plant components including centrifuges, attritioners, flotation cells, sizing screens, thickeners, rotary drier, impact crushers, lump breakers and conveyer belts have all been ordered.

In the coming weeks structural steel will start being erected on-site and several key plant components will arrive.

Drive assemblies for the Attritioner Cell being assembled in Puslinch, Ontario, Canada.

Quick facts: Salt Lake Potash Ltd

Price: 30.45 GBX

AIM:SO4
Market: AIM
Market Cap: £112.4 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Salt Lake Potash Ltd named herein, including the promotion by the Company of Salt Lake Potash Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Salt Lake Potash CEO says securing debt and equity package is 'massive last...

Salt Lake Potash Ltd's (ASX:SO4) (LON:SO4) Tony Swiericzuk speaks to Proactive London's Andrew Scott following news of its A$203 million debt financing package and A$98.5 million fully underwritten equity raising which sees the Lake Way Sulphate of Potash (SOP) Project fully funded. He says the...

1 week ago

2 min read