Kore Potash, the potash development company with 97%-ownership of the Kola and DX Potash Projects in the Sintoukola Basin in the Republic of Congo (RoC), has reported the receipt of the Interim Report for the Optimisation Study on the Kola Potash Project from the Summit Consortium.
Brad Sampson, Chief Executive Officer of Kore Potash, commented:
“We are pleased at the quantum of potential capital cost saving initiatives being identified in the Interim Report, and that the process to finance Kola remains on track. We will review the interim information and proposed changes to the Kola design while the Consortium continue the Study. There are additional capital cost reduction opportunities for the Consortium to consider over the next few months, and we look forward to delivery of the full Study report in early 2022.”