A Primer on Potash
In all the hype the ongoing shift to renewable energy has created, potash has somewhat flown under the radar. What is it, and why is it important? Well, we’re glad you asked.
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Agrimin Limited
Agrimin Limited is a Western Australian based minerals company and is listed on the Australian Stock Exchange (ASX: AMN). Agrimin has 100% ownership of the large-scale Mackay Potash Project located in Western Australia.
Agrimin’s strategic focus on SOP is motivated by excellent market fundamentals which are supportive for the creation of a new large-scale SOP producer. Growth in demand for fertilizers, including SOP, is forecast to be driven by the world’s need to feed growing populations from shrinking arable land resulting in the need to improve agricultural yields. Accordingly, Agrimin expects that SOP deposits throughout Western Australia will become an important source to meet increasing world demand.
The Mackay Potash Project is situated on a Western Australian salt lake and spans 3,383 square kilometers. The Project contains the world’s largest known Mineral Resources of brine-hosted SOP and the deposit extends to a maximum depth of 211 meters. In May 2018, Agrimin reported the results of a positive Pre-Feasibility Study.
Agrimin has a strong working relationship with traditional landowners and the Company believes the Mackay Project can create greatly improved community and employment opportunities for the Aboriginal people of local communities.
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