South Harz Potash Ltd (AU:SHP) has released an update.
South Harz Potash Ltd is nearing completion of its Ohmgebirge Project Pre-Feasibility Study and expects to finalize negotiations with neighboring company Deusa for a brownfield development agreement. The company has signed a Memorandum of Understanding for potash export logistics and anticipates a decision on its Spatial Planning Application in the second quarter of 2024. Following the Pre-Feasibility Study, South Harz plans to optimize the project internally to align with current market conditions.
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