Emmerson (GB:EML) has released an update.
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Emmerson, a Moroccan-focused potash development company, has announced its 2023 financial results, highlighting the submission of an updated Environmental and Social Impact Assessment and the development of a novel processing route that enhances the environmental and economic viability of the Khemisset Project. The innovative Khemisset Multi-mineral Process has significantly reduced environmental impact by cutting water usage by half and eliminating brine disposal, promising to transform the project into one of the lowest capital cost potash projects with high margins. The company also successfully raised US$2.5 million to fund ongoing work while awaiting environmental approval.
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