Australian Potash improves Lake Wells economics
An economic analysis of higher output at the Lake Wells sulphate of potash (SOP) project, in Western Australia, has improved the project’s economics.
ASX-listed Australian Potash on Wednesday told shareholders that by increasing production from the planned 170 000 t/y of SOP to 205 000 t/y, the project’s net present value would increase by 65%, from A$614-million to A$1.01-billion, while its internal rate of return would increase from 21% to 22%.