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Blawn Mountain potash project, US

17th February 2017

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Blawn Mountain potash project.

Location
Utah, US.

Client
Potash Ridge.

Project Description
Blawn Mountain has proven and probable mineral reserves of 153-million tons; supporting a 46-year project life.

An updated prefeasibility study (PFS) on the Blawn Mountain project has proposed a surface mine with conventional crushing, roasting, leaching and crystallisation processes.

The mine will produce an average of 255 000 t/y of potassium sulphate during the first ten years of operation after ramp-up and a life-of-mine average of 232 000 t/y of potassium sulphate.

The project’s flowsheet represents a flexible process capable of producing crystalline soluble and granular potassium sulphate to meet market conditions.

Jobs to be Created
Not stated.

Net Present Value/Internal Rate of Return
The project has an after-tax net present value, at a 10% discount rate, of $482-million and an unlevered after-tax internal rate of return of 20.1%, based on an assumed price of $675/t for potassium sulphate and $115/t for sulphuric acid in 2020 and 2% inflation.

Value
Capital expenditure is estimated at $458-million.

Duration
Not stated.

Latest Developments
Based on the recommendation from the updated PFS, Potash Ridge intends to undertake additional metallurgical testing to determine the most economic means to extract alumina from the residual waste material.

Key Contracts and Suppliers
None stated.

On Budget and on Time?
Not stated.

Contact Details for Project Information
Potash Ridge, tel +1 416 362 8640 or email info@potashridge.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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