Articles On Salt Lake Potash (ASX:SO4)

WA Potash is back in the picture after Czech billionaire Pavel Tykac’s Sev.en Global Investments produced on spec sulphate of potash last month at the Lake Way project Enthusiasm for the sector was shot by a string of company collapses, in...

The law firm said it was well-advanced in preparing claims against Salt Lake’s auditors and its directors. 

Company collapses and operational problems have hurt investor confidence in Australian potash stocks of late But ASX potash stocks overseas have had better luck OZ Minerals founder and EMR Capital head Owen Hegarty says potash is a key pil...

Great Western Exploration (ASX:GTE) is progressing towards a brine resource at its Lake Way Potash Project in Western Australia after identifying a major paleochannel through a passive seismic survey. The company believes the magnitude of t...

WIA now drilling ahead of maiden gold resource at flagship Kokoseb project in Q2 Former market darling Auteco looks to add ounces to high grade 2.2Moz resource at Pickle Crow Moho waiting on rare earths, gold and nickel drilling results H...

ShareCafeSOP v Lithium: Similarities, Differences, Synergies Over the previous eighteen months, lithium has well and truly established itself as the key driver of the electric vehicle battery movement. Its light weight and high electrochemi...

Australian Potash (APC) lodges tenement applications to expand the Lake Wells sulphate of potash (SOP) project in WAThe application area, named “Lake Wells East”, will increase the existing Lake Wells project area by 175 per cent to roughly...

A special administrator tasked with looking into the failure says the company’s directors ‘could have breached their duties’.

Czech family-owned energy investments business Sev.en Global Investments has emerged as the buyer for bankrupt ASX-listed Salt Lake Potash, securing its second deal Down Under in the space of a few days.

ASX-listed Salt Lake Potash, which has been up for sale since February, has finally found a new owner to take the keys.

After 35 years of stockbroking for some of the biggest houses and investors in Australia and the UK, the Secret Broker is regaling Stockhead readers with his colourful war stories — from the trading floor to the dealer’s desk. Here is a lis...

Food prices around the world continue to surge on the back of  a bleak global economic outlook How long will this last and why aren’t food stocks soaring in line with prices?  From transport delays to slowing harvests, the COVID-19 pandem...

Resources specialist private equity firm EMR Capital is understood to be one of the suitors weighing up bids for Salt Lake Potash.

Salt Lake Potash’s sale advisor Macquarie Capital is understood to be working to a mid-May deadline for the first round of bids for the listed company that has been in receivership since October.

Tyrekickers interested in taking a look have been told to expect the preliminary data room to open by Monday.

ShareCafeTailwinds Mount for Sulphate of Potash, but Investors Remain Wary It should be really exciting times for sulphate of potash (SoP) project developer Trigg Mining, which is working to bring onstream one of Australia’s largest deposit...

Tempest Minerals surges +130% on big copper discovery Newly listed explorer Far East Gold hits bourse with a bang, up 60% in early trade Kalium Lakes, Centrex lead broad-based gain in ASX fertiliser stocks Here are the biggest small cap r...

Fertilizer prices up 30% since the start of the year due to the Russia/Ukraine war Europe’s nitrogen capacity heavily exposed to rising gas prices Ukraine Committee on Agrarian and Land Policy says a global food crisis is looming   Ferti...

Receivers for failed Salt Lake Potash are set to test market appetite for the company’s stalled Lake Way sulphate of potash project near Wiluna after pressing the button on a formal sales process.

Four months after KordaMentha took the keys at Salt Lake Potash, it has finally kicked off a buyer search with Macquarie Capital’s bankers in tow.

KPMG insolvency accountants have been cleared to handle the Salt Lake Potash gig despite protests from the Australian Securities and Investments Commission.

The corporate watchdog has called for KPMG insolvency accountants to be ousted as administrators of failed resources play Salt Lake Potash because of advice given before their appointment.

KPMG launches legal action to stay on as administrators of Salt Lake Potash despite industry association concerns about work for the failed fertiliser play.

Australia’s nascent sulphate of potash (SOP) industry, based on the salt lakes of outback Western Australia, should be enjoying the best of times. A premium product in the fertiliser space, SOP prices have rocketed in the last six months, m...

KPMG spent two months on the scene at failed potash hopeful Salt Lake Potash, before it was tapped as the company’s administrator. 

Forging a new industry is never easy but it remains unclear whether this week’s demise of Salt Lake Potash represents a learning experience for others or a portent of more corporate failures to come.

Potash prices have soared by up to 300% since the start of the year, sitting above US$700 per tonne (CFR Brazil Spot). CRU Group’s updated Sulphate of Potash (SOP) Price Forecast Analysis says this is a combination of rising demand, poor in...

The company which once promised to be Australia’s first sulphate of potash producer, Salt Lake Potash (ASX:SO4), has gone into receivership owing US$127 million just months after its plans to start production at its SoP plant in the WA outb...

Salt Lake Potash (SO4) has entered voluntary administration after the company’s directors labelled the business insolvent KPMG Restructuring has been appointed as the voluntary administrator, with the news announced post-market close on We...

Ian Middlemas-chaired aspiring sulphate of potash producer Salt Lake Potash has been placed in the hands of receivers and administrators after failing to raise about $100m.

Restructuring firm KordaMentha has taken the keys at ASX-listed sulphate of potash company, Salt Lake Potash. 

Iron ore stocks took a dive in afternoon trade to send what was looking like an alright day for big mining stocks heavily into the red. Fortescue Metals Group (ASX:FMG) was off 5.34%, erasing gains from earlier in the week, with Rio Tinto (...

It was a good day to be yellow as gold miners led the gains among the ASX 300 miners. There have been some dark days for hunters of the precious metal this year, with equities sliding as prices have floated listlessly in 2021. But a weak da...

At the end of the 12-month period, 96,000 square metres of salt had been harvested at Lake Way

Embattled Salt Lake Potash has tapped as its new chief executive a former BHP mine boss who unsuccessfully sued the resources giant for $2 million nine years ago.

New CEO Isak Buitendag has significant experience in leading teams in project development and minerals processing.

CEO Tony Swiericzuk will continue his association with the company as a board member and as a consultant to ensure a smooth transition to the new CEO.

Over the coming weeks, the utilities, conversion circuit, flotation circuits, crystallisers and dryer will be commissioned ahead of full load commissioning and SOP production in the June quarter.

Construction and practical completion of the Lake Way process plant have been finalised with GR Engineering Services handing over the plant in late June.

Currently there is no Australian production of any type of potash, which is a vital fertiliser for crop production globally. But WA-based Kalium Lakes (ASX:KLL) has its sights set on first production of sulphate of potash (SOP) from its Bey...

Salt Lake Potash has ducked for cover, pulling out of presenting at the annual Diggers & Dealers Mining Forum after revealing it had hit hurdles at its processing plant near Wiluna.

"The Lake Way Project took major strides forward during the June quarter with the hand-over of the Process Plant and the granting of EPA Part IV approval," said CEO, Tony Swiericzuk.

Salt Lake Potash has run aground in the ramp-up of its processing plant near Wiluna, with the company flagging a big hit in initial production and a funding shortfall.

There is no anticipated impact on production levels in FY23 and beyond, with full production run-rate from primary salts still anticipated in the June 2022 quarter. 

Aspiring sulphate of potash producer Salt Lake Potash has called a halt on its shares ahead of a production downgrade and likely capital raising for its Lake Way project near Wiluna.

Securities will remain halted until Thursday, July 29, 2021, or when an announcement is released to the market.

The new CFO has spent 25 years living abroad in the US, France, Switzerland, and Indonesia in senior finance roles.

GR Engineering Services has achieved practical completion of the process plant at Salt Lake Potash’s Lake Way site in Wiluna, Western Australia. The plant will be commissioned in the coming weeks and Salt Lake Potash chief executive officer...

Plant commissioning work continues, with the first sulphate of potash (SOP) product expected in the weeks ahead.

Great Western’s ‘Lake Way’ project includes a continuation of the main channel developed by ~$280m market cap Salt Lake Potash, which is on track to become a premium SOP producer in the September 2021 quarter. SOP, or sulphate of potash, is...