TORONTO (miningweekly.com) – Vancouver-based Potash One has begun ordering long-lead-time materials for its Legacy potash project in Saskatchewan, the company said on Wednesday.

Potash One plans to commission and start up the solution mine in late 2013.

The firm has placed the first order for long-delivery alloyed materials needed to fabricate the evaporation/crystallisation equipment, which will form the core of the Legacy processing facility.

The evaporation/crystallisation plant is being designed by Whiting Equipment Canada, the company said.

“In addition to maintaining project schedule, the purchase of the speciality clad plate material also allows Potash One to take advantage of reduced pricing and readily available shop space currently being offered by suppliers,” the company said.

Prices and delivery times are “substantially less” than they were one year ago, but will likely increase as the global economic recovery gains pace and nickel prices rise.

“This first material purchase represents another significant milestone in the Legacy project development,” Potash One CEO Paul Matysek said in a statement.

A feasibility study on the project is scheduled for completion around the middle of this year.

Shares in Potash One slid 2,67% on Wednesday, to C$2,92 apiece by 15:59 in Toronto.

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