Company Details

Kalium Lakes Limited (ASX: KLL)

ASX Listed
Commercialisation
Agriculture, Mining / Resources / Energy
Fund Investment, Raising Capital

Company Information

  • Executive Summary

    Executive Summary

    Kalium Lakes Limited is an exploration and development company, focused on developing the Beyondie Sulphate Of Potash Project in Western Australia with the aim of producing Sulphate of Potash (SOP), a high yield, premium fertiliser, for both domestic and international markets. There is currently no SOP production in Australia.

    Kalium Lakes is approaching a Final Investment Decision, having just completed a Bankable Feasibility Study for the Beyondie Sulphate Of Potash Project (the first BFS for any Australian deposit). The BFS confirmed the Project is technically and financially robust, with first production anticipated in 2020.

    The Project has the aim of commencing production at 82ktpa of SOP, before ramping up to 164ktpa of SOP for domestic and international sale. An initial mine life of between 30-50 years is anticipated and the Project has been designed to be a low cost, long life and high margin producer.

    Founded in October 2014, Kalium Lakes has now invested more than A$30 million in the exploration and development of the Beyondie SOP Project. A Final Investment Decision is expected in early 2019.

    Register Interest

    Problem & Solution

    Opportunity to become the only Australian producer of SOP, giving the Company the “first mover” advantage.

    Market & Opportunity

    There is currently no production of Sulphate Of Potash in Australia. All product is imported from overseas suppliers from the Northern Hemisphere.

    Location, no producers in the Australian region, project is situated near existing transport infrastructure, gas pipeline and shipping ports.

    Current Shareholders/Investors

    • Agricultural Investors = 49.1%
    • Institutional Investors = 10.4%
    • Other Investors = 30.1%

    Investment Opportunity/Offering

    Kalium Lakes is entering the final capital raising phase prior to the construction, development and operation of the first SOP mine in Australia.

    The investment is likely to yield both capital growth and dividend returns over the 30-50 year mine life. There is further upside in expansion and magnesium by-products.

    Use of Funds

    Development of the Beyondie SOP Project – as per the BFS outcomes.

    Kalium Lakes Limited is an ASX listed entity.

    The Company plans to be long term operating company, based in Australia and listed on the ASX.

  • Company Highlights

    Company Highlights

    • Bankable Feasibility Study And Ore Reserve
    • Resource Upgrade And Drilling
    • Evaporation Ponds
    • Purification Plant
    • NAIFF potential funding opportunity
    • German Export Credit Agency positive preliminary assessment decision
    • Mining Leases / Department of Mines, Industry Regulation and Safety
    • Offtake Agreement K+S – Pre-Feasibility Study
    • Magnesium By-Products
    • Carnegie Joint Venture

    K+S – the world’s second largest SOP producer.Beyondie SOP Project

    Beyondie SOP Project

  • Board & Management

    Board & Management

    Malcolm Randall

    Malcolm Randall

    Non-Executive Chairman
    An experienced company director and chairman with extensive experience in corporate management and marketing in the resources sector. Mal’s experience extends over a broad range of commodities both in Australia and internationally. B.Chem, FAICD

    An experienced company director and chairman with extensive experience in corporate management and marketing in the resources sector.

    Mal’s experience extends over a broad range of commodities both in Australia and internationally.

    B.Chem, FAICD

    Brett Hazelden

    Brett Hazelden

    Managing Director
    A Metallurgist who brings more than 21 years of experience, in project management, engineering design and operations serving the Australasian resources industry. Brett has been involved in a broad range of commodities including numerous mergers,...

    A Metallurgist who brings more than 21 years of experience, in project management, engineering design and operations serving the Australasian resources industry.

    Brett has been involved in a broad range of commodities including numerous mergers, acquisitions and due diligence reviews.

    As well as other roles, he has held senior positions at Rio Tinto, Fluor, Newcrest Mining and Iron Ore Holdings.

    B.Sc, MBA, GAICD

    Rudolph van Niekerk

    Rudolph van Niekerk

    Chief Development Officer / Executive Director
    A Mechanical Engineer with more than 13 years experience in project management, operations, construction, commissioning, production ramp-up and project hand-over. Rudolph has a broad range of commodities experience both in Australia and internationally. Previous positions...

    A Mechanical Engineer with more than 13 years experience in project management, operations, construction, commissioning, production ramp-up and project hand-over.

    Rudolph has a broad range of commodities experience both in Australia and internationally.

    Previous positions include senior engineering roles for DRA, Ausenco, AngloGold Ashanti and BC Iron.

    B.Eng, GAICD

    Brendan O’Hara

    Brendan O’Hara

    Non-Executive Director
    A former legal practitioner of the Supreme Court of WA and member of the Business Law Section of the Law Council of Australia. Brendan’s previous roles include eight years as Executive Chairman of ASX-listed Summit...

    A former legal practitioner of the Supreme Court of WA and member of the Business Law Section of the Law Council of Australia.

    Brendan’s previous roles include eight years as Executive Chairman of ASX-listed Summit Resources Limited and State Executive Director of the ASX.

    B.Juris, LLB

    Chris Achurch

    Chris Achurch

    Chief Financial Officer
    Chris has worked with a number of major businesses across the exploration, mining and agricultural sectors. He possesses a comprehensive understanding of commercial accounting and audit functions, International Financial Reporting Standards and Australian Accounting Standards....

    Chris has worked with a number of major businesses across the exploration, mining and agricultural sectors.

    He possesses a comprehensive understanding of commercial accounting and audit functions, International Financial Reporting Standards and Australian Accounting Standards.

    CA

    Gareth Widger

    Gareth Widger

    Company Secretary
    With more than three decades of’ experience, Gareth‘s career includes managing corporate administration and strategic communication activities for public and private companies. He has held senior roles within the agriculture, industrial chemical, mining, civil engineering,...

    With more than three decades of’ experience, Gareth‘s career includes managing corporate administration and strategic communication activities for public and private companies.

    He has held senior roles within the agriculture, industrial chemical, mining, civil engineering, retail and wholesale sectors incorporating a diverse range of corporate support, investor relations, stakeholder engagement, marketing and media liaison responsibilities.

    BA, GIA (Cert)

  • Company News
  • Contact Details

    Contact Details