- Australian Potash (APC) has updated its flow modelling, highlighting the potential for increased production from brine at its Lake Wells Sulphate of Potash (LSOP) project
- The company previously conducted a Front End Engineering Design (FEED) study, but has now made updates, following results from the recently completed brine supply bores
- APC indicated production of sulphate of potash (SOP) has the potential to lift by 12.5 per cent to 135,000 tonnes per annum
- In addition, the recent modelling identified 89 supply bores suitable for life-of-mine operation, reducing bores by 48 per cent from the FEED study
- Shares in Australian Potash were down 1.45 per cent to 6.8 cents as of 10:39 am AEST
Australian Potash (APC) has updated its flow modelling, highlighting the potential for increased production from brine at its Lake Wells Sulphate of Potash (LSOP) project.
The company previously conducted a Front End Engineering Design (FEED) study, but has now made updates, following results from the recently completed brine supply bores.
APC suggested production of sulphate of potash (SOP) has the potential to lift by 12.5 per cent to 135,000 tonnes per annum.
In addition, the recent modelling identified 89 supply bores suitable for life-of-mine operation, reducing bores by 48 per cent from the FEED study.
Managing Director and CEO Matt Shackleton said the update will mean reduced capital costs.
“The early works program we undertook through 2021 and early 2022 has demonstrated improvements in the brine borefield, and data from constructed bores has allowed us to further optimise the flow model underpinning the LSOP development, providing us the opportunity to produce more SOP with less bores over the life of mine,” Mr Shackleton said.
Shares in Australian Potash were down 1.45 per cent to 6.8 cents as of 10:39 am AEST.