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Kalium Lakes Limited

Kalium Lakes Limited (KLL) is an exploration and development company focused on developing the 100% Owned Beyondie Sulphate Of Potash Project (BSOPP) in Western Australia with the aim of commencing production at 90ktpa of Sulphate Of Potash (SOP) before ramping up to 180ktpa of SOP for domestic and international sale.  An initial mine life of between 30-50 years is anticipated for a project designed to be a low cost, long life and high margin producer.

The Project covers an area of approximately 1,760 square kilometres, comprising 16 granted exploration licences, 15 granted miscellaneous licences, two granted mining leases and a gas pipeline licence.  Kalium Lakes is developing a sub-surface Brine deposit to produce a SOP product, by undertaking an evaporation and processing operation 160 kilometres south east of Newman.

KLL announced a Final Investment Decision on 3 October 2019 and is now solely focused on delivering a complete, comprehensive project that will not only meet construction targets, but also meet expectations for production ramp-up and achieve the forecast SOP production numbers.

Plans for the commissioning of the processing facilities are well advanced and the Project is on  target to produce high quality Australian SOP in the third quarter of  the 2021 calendar year.

ASX Code
KLL

Sector
Materials

Website
https://www.kaliumlakes.com.au/

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