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Australian Potash CEO says offtake deal with HELM AG is 'defining moment' for company

Australian Potash Ltd's (ASX:APC) Matt Shackleton speaks to Proactive's Andrew Scott after signing its fourth binding term sheet for offtake from its Lake Wells Sulphate of Potash (SOP) Project with HELM AG. It's for the supply of 30,000 tonnes per year of K-Brite SOP to the European market. The agreement means 85% of planned DFS output from the Lake Wells project in Western Australia is now committed under offtake arrangements.

Quick facts: Australian Potash Ltd

Price: 0.16 AUD

ASX:APC
Market: ASX
Market Cap: $77.85 m
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Australian Potash cashed up as it works to round off FEED programme at Lake...

Australian Potash Ltd's (ASX:APC) Matt Shackleton speaks to Proactive's Andrew Scott after raising close to $2.23mln via a rights offer which complements the $2mln placement completed in April this year. Following the release of the Definitive Feasibility Study (DFS) in August 2019, APC is...

on 3/6/20

2 min read