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Australian Potash signs fourth offtake deal

Australian Potash has 85% of its planned Lake Wells production under offtake agreement after signing a deal with Hamburg-based HELM AG for 30,000t per annum of sulphate of potash to be distributed in Europe.

Michael Quinn
Lake Wells in Western Australia

Lake Wells in Western Australia

HELM joins Redox, Migao and Mitsui as the four offtake parties so far signed up by APC for a total of 130,000tpa of production versus the 150,000tpa expected from Lake Wells, 500km northeast of Kalgoorlie...

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