A binding take-or-pay offtake agreement has been reached with EuroChem Trading GmbH (EuroChem) for up to 100% of Module I Sulphate of Potash (SOP) production from the Colluli Potash Project (the Agreement).
- EuroChem will take, pay, market and distribute up to 100% of Colluli Module I SOP production
- 10 year term, with an option, if mutually agreed, to extend for a further 3 years
- EuroChem is an outstanding partner with global reach and extensive fertiliser capabilities
- Reinforces Colluli’s position as the most advanced and economically attractive SOP greenfield development project
- Critical milestone for project funding processes
The announcement can be found here