German backing for salt mining project

By Mal Gill
Updated October 15 2018 - 10:28am, first published August 6 2018 - 6:00am
A grader, tracked bin vehicle and salt harvester on Kalium Lakes Ltd's trial evaporation ponds at its Beyondie Sulphate of Potash fertiliser project, 160 kilometres south east of Newman. A German government committee has indicated it might guarantee risk insurance cover for lenders financing part of the project.
A grader, tracked bin vehicle and salt harvester on Kalium Lakes Ltd's trial evaporation ponds at its Beyondie Sulphate of Potash fertiliser project, 160 kilometres south east of Newman. A German government committee has indicated it might guarantee risk insurance cover for lenders financing part of the project.

ALMOST one third of a projected $124 million in capital to be raised for a WA Sulphate of Potash (SoP) fertiliser project may be effectively guaranteed against default by the German government.

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