AMERICAN PACIFIC BORATES Ltd (ABR), a company based in Perth, Australia, that develops and mines lithium resources, has provided an update on its independently conducted crop trials of its boron enriched SOP specialty fertilizer. The company commissioned the University of Connecticut to conduct crop trials of its boron enriched SOP (SOP+B) specialty fertilizer. SOP is a potassium-rich fertilizer that does not add potentially harmful chlorides to the soil. The objective of the trial was to evaluate the growth and yield of broccoli and tomato using four different blends of ABR’s boron enriched SOP fertilizer and compare the yield performance to the grower’s conventional fertilizers (without the addition of boron). The study has found that broccoli and tomatoes are ideal candidates for a boron-enriched SOP fertilizer. “Seeing broccoli yields more than double when ABR’s boron enriched SOP was applied is amazing,“ the company’s CEO and Managing Director, Michael Schlumpberger, commented. „These results also support our view that ABR will have a major competitive advantage in the market given it can produce the boron enriched SOP on site without any double handling or logistics burdens.”
KORE POTASH plc, a potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin, Republic of the Congo, has announced that following the recent equity fundraise, work has commenced on the definitive feasibility study (DFS) for the company’s DX Project. The company believes DX is one of the highest grade undeveloped potash deposits known globally, and could potentially have the lowest operating costs per tonne of potassium fertilizer production of any global peer. In addition to its high grade, additional benefits are provided by the shallow depth of the DX deposit, the close proximity to the coast for shipping to market, and suitability for the solution mining method. The first of the two phases of DFS is focused on further drilling work to define measured mineral resources and proved and probable ore reserves for the project along with technical design aspects of the mine. This work will assist the company’s funding plans and development of DX.
AUSTRALIAN POTASH Ltd (APC) has provided an update on the programmes of work scheduled to position the company to make a final investment decision (FID) during 1Q21. APC has made substantial progress across the work programmes that it is finalising to conclude the FEED programme and report optimised results through 4Q20. “Our marketing programme continues apace, with active discussions around several lucrative jurisdictions. Marketing leads directly into the project financing programme, where due diligence has been underway through September,“ the company’s Managing Director and CEO, Matt Shackleton, commented. “The EPA has completed their report into the development of the LSOP and has made their recommendation to the Minister. The competitive tendering process we are running for all packages of work is drawing to a close with several bids having already been received. Bid review is underway and recommendations for award being prepared. The various approvals and permits required for us to commence works under the Minor and Preliminary Works approval previously granted by the EPA are now being finalised, with site activities being scheduled for 4Q20.“
