Parkway Minerals
Parkway Minerals (ASX:PWN) aims to extract potassium - for the production of potash - from one of the world's largest greensand deposits.
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Potash West advances agricultural supply opportunity for Asia, Australia
Potash West (ASX:PWN) has entered into an agreement with FTI Consulting (NYSE:FCN) to assist the company in attracting a partner to develop the Dinner Hill superphosphate project within the Dandaragan Trough.
FTI have 4400 employees in 26 countries, and generated $1.76 billion in revenues during fiscal year 2014.
Dinner Hill is strategically located 150 kilometres north of Perth, adjacent to one of Australia's largest fertilizer consumers, the Western Australian Wheatbelt.
Existing infrastructure connects the project to readily accessible Asian markets, including the rapidly increasing consumption areas of South East Asia, China and India.
Dinner Hill, is a low capex, low risk route to cashflow, through a phosphate project, which could then be followed by a high value potash project, operating in parallel.
Current JORC resources cover only a small portion of the exploration target but are already sufficient to support a 60 year mine life.
Other Parkway Minerals news
- Parkway Minerals granted US patent for its potassium extraction process
2018-05-31 - Parkway Minerals' shares up on back of increase in Davenport Resources' potash resource
2018-04-17 - Parkway Minerals leveraged to growing demand for fertiliser products
2018-03-06 - Parkway Minerals NL samples high grade potash at Lake Barlee
2017-05-30 - Parkway Minerals sees Davenport IPO as rare potash opportunity
2016-12-08
