Salt Lake Potash Limited is a dual listed ASX and AIM mineral exploration company with a focus on creating value from the Company's Sulphate of Potash (SOP) assets in Australia.
The company owns eleven salt lakes in Western Australia with a combined area of around 5,000 sq km. The flagship project is Lake Wells, located 250km NE of Leonora. The Company completed a Scoping Study which confirmed the potential of the Lake Wells Project to produce low cost SOP by solar evaporation of lake brines for domestic and international fertiliser markets.
The Scoping Study estimated all-in capital costs at A$268 million for the 400,000 tpa production scenario; amongst the lowest capital intensity for any proposed potash project worldwide. The Project?s estimated cash production costs of A$185 per tonne would also be amongst the lowest in the world.