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Salt Lake Potash mulls sharing project infrastructure with Australian Potash

StockMarketWire.com

Salt Lake Potash said it had entered into an early-stage agreement with Australian Potash to study the potential benefits of sharing infrastructure and other costs at the Lake Wells project in Western Australia state.

The study would initially focus on a shared costs model around infrastructure developments, Salt Lake Potash said.

It would then also also address the potential for cost-sharing on common evaporation and salt processing developments.

Both companies' projects at Lake Wells would proceed independently in parallel with the study, with no impact on either company's timelines.









Story provided by StockMarketWire.com