Highfield Resources (ASX: HFR) ('Highfield' or 'the Company') is pleased to announce the signing of all remaining purchase contracts for the key components of the process plant of its flagship Muga Potash Mine ('Muga' or 'the Mine' or 'the Project').
The Company continues to progress development at Muga and utilise the capital raised in August and September 2021 to sign purchase contracts for key long lead items which will further advance the Project towards construction. A EUR2.9 million contract has been signed with Metso Outotec Finland Oy.
Outotec, to provide the thickeners needed to remove impurities from the brine solution within the crystallization process. A contract has also been signed with TEMA Process BV ('TEMA'). This EUR2.6 million contract, will provide both the potash ('KCl') and salt ('NaCl') dryers, as well as the dedusting systems and the wet scrubber of the crushing area. The KCl dryer will be used for drying the KCL prior to it entering the compaction circuit while the NaCl dryer will be used for drying the vacuum salt prior to its storage and sales
Ignacio Salazar, CEO, commented: 'We are delighted to report another important step towards construction at Muga. With the signing of these contracts, all key process plant equipment has been procured, reducing future potential inflationary risk and construction risk.'
About Outotec
Metso Outotec was created through the combination of Metso Minerals and Outotec on 30 June 2020. They are considered to be a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally
Contact:
Ignacio Salazar
Tel: +34 948 050 577
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