procurement update highlights - investi · 2020. 7. 8. · asx announcement 9 july 2020 salt lake...
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ASX ANNOUNCEMENT 9 July 2020
Salt Lake Potash Limited | ASX/AIM SO4 | Ground Floor, 239 Adelaide Terrace, Perth WA 6000, Australia
Tel. +61 8 6559 5800 | Email: [email protected] | so4.com.au | ABN 98 117 085 748
PROCUREMENT UPDATE
Salt Lake Potash Limited (SO4 or the Company) is pleased to provide an update on
procurement, with all major long-lead items for the process plant and non-process
infrastructure tracking in line with or ahead of the project schedule.
HIGHLIGHTS
The Lake Way Project is now over 90% procured with all key vendor contracts executed.
There are no known impacts to schedule from COVID-19.
The largest procurement package, the process plant crystalliser, commenced transit to
Australia at the end of June and is expected to arrive at Fremantle Port in late July, weeks
ahead of schedule.
Other major plant components including centrifuges, attritioners, floatation cells, sizing
screens, thickeners, rotary drier, impact crushers, lump breakers and conveyer belts have all
been ordered.
Over coming weeks structural steel will start being erected onsite and a number of key plant
components will arrive.
The Project remains on track for first SOP sales in the March 2021 quarter.
TONY SWIERICZUK, Chief Executive Officer
“During the June quarter our procurement and engineering teams have been busy finalising
contracts with suppliers and completing detailed engineering of the plant and non process
infrastructure. So far we have seen no impact to the project schedule from COVID-19 as we push
towards first production in the March quarter of next year.”
This announcement has been authorised for release by the Managing Director, Mr Tony Swiericzuk.
ENQ UI RIES
Tony Swiericzuk | Richard Knights
Telephone: +61 (8) 6559 5800
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KEY PLANT COMPONENTS PROCURED
Figure 1: Crystalliser loading onto ship in Guangdong province, China
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Figure 2: Crystalliser components in ship hold
Figure 3: Crystalliser components in ship hold
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Figure 4: Rotary dryer on factory floor in Green Bay, Wisconsin, USA
Figure 5: Drive assemblies for the Attritioner Cell being assembled in Puslinch, Ontario, Canada
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Figure 6: Centrifuges in Huddersfield, Yorkshire, United Kingdom
Forward Looking Statements
This announcement may include forward-looking statements. These forward-looking statements are based on Salt Lake
Potash Limited’s expectations and beliefs concerning future events. Forward looking statements are necessarily subject
to risks, uncertainties and other factors, many of which are outside the control of Salt Lake Potash Limited, which could
cause actual results to differ materially from such statements. Salt Lake Potash Limited makes no undertaking to
subsequently update or revise the forward-looking statements made in this announcement, to reflect the circumstances or
events after the date of that announcement.