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Agrimin (ASX:AMN) completes site-based work programs for wet harvesting

Agriculture, ASX News
12 January 2022 14:45 (AEST)

The Auger Test Rig. Source: Agrimin

Agrimin Limited (AMN) has completed the required site-based Front End Engineering Design (FEED) testwork to support Royal IHC’s comprehensive design for automated wet harvesting equipment for the Mackay Potash Project.

Mackay Potash Project is around 785km from the Port of Wyndham in Western Australia and, according to the company, is forecast to be one of the world’s lowest-cost producers of Sulphate of Potash (SOP).

Agrimin has now completed a full testwork program within the pilot evaporation ponds located on Lake Mackay as part of the FEED works connected to the wet harvesting equipment.

The use of wet harvesting at the Mackay Potash Project can provide significant operating benefits, including lower energy consumption, reduced labour costs and increased overall potassium recovery.

The pilot evaporation ponds were operated under steady-state conditions for a sufficient amount of time during the Definitive Feasibility Study phase to develop a thick bed of salt minerals in the ponds.

Because the mineralogy mix is equivalent to that expected during commercial operations, these minerals supplied a high-quality, representative substrate for pilot-scale testing of the wet harvesting equipment design.

The next step is to complete and deliver design drawings for all key areas of the equipment.

The preliminary phase continues to advance with multiple work streams underway, in parallel with finalising the Project’s approvals, offtake and financing.

Agrimin Limited shares have remained steady, trading at 43 cents at 2:43 pm AEDT.

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