Emmerson PLC's (LON:EML) Graham Clarke talks to Proactive London's Katie Pilbeam about completing the concept study to examine the potential to develop its Khemisset potash project in Morocco using a four-phased approach.
Clarke explains how this will work, beginning with the start-up operation producing muriate of potash (MOP), to be followed by a series of expansion phases to increase the level of MOP produced while adding in the production of de-icing salt in increasing quantities as well as premium potash product, sulphate of potash (SOP).
The estimated upfront capital expenditure of the first phase is US$287mln.