News and Announcements
Kalium Lakes are pleased to announce Front End Engineering and Design (FEED) program optimisation works have been completed
- Published January 21, 2019 12:00AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Kalium Lakes Limited (KLL) is pleased to announce that Front End Engineering and Design (FEED) program optimisation works have been completed.
The optimisation work was identified as part of the Bankable Feasibility Study (BFS) outcomes.
The FEED optimisation works have been completed by K-UTEC in conjunction with a number of equipment suppliers in Germany which has continued to build on the previous work completed in BFS.
Additional testwork has been performed in order to de-bottleneck the process plant and increase recovery primarily from the flotation tails stream.
Overall potassium recoveries (Brine to SOP product) have increased from 72% in the BFS up to 91% during the Front-End Engineering Design (FEED), including evaporation pond losses associated with entrained brine in harvested waste salts.
The increased recoveries and debottlenecking have the potential to improve production rates with little change to the cost of the process plant.
Managing Director, Brett Hazelden, said: “Kalium Lakes continues to debottleneck, optimize and
improve the process to obtain a high quality SOP product while maximising the use of the Resource with
help from our expert Potash consultants K-UTEC in Germany.
“The significant increase to overall potassium recovery is expected to create further upside to the financial aspects of the BSOPP, which is currently being evaluated as part of our FEED works.
“Final testing, optimisation and equipment vendor testwork is now complete, allowing process guarantees to be formally negotiated.”
About Kalium Lakes Limited (ASX: KLL)
Kalium Lakes has completed a Bankable Feasibility Study (BFS) for the Beyondie SOP Project, aiming to commence production at 82ktpa of SOP, before ramping up to 164ktpa of SOP. First production is anticipated in 2020 with an initial mine life of between 30-50 years. The Project has been designed to be a low cost, long life and high margin producer.
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