Name of the Project
Beyondie sulphate of potash (SoP) project expansion.

Location
Western Australia.

Project Owner/s
Kalium Lakes Limited (KLL).

Project Description
KLL announced in March 2021 a debottlenecking review of the SoP purification plant, revising steady-state SoP production estimates from 90 000 t/y to at least 100 000 t/y.

A feasibility study has now been completed for a production increase, as a new base case, to 120 000 t/y, which is inclusive of the 90 000 t/y and 100 000 t/y production targets previously announced by KLL.

The project is based on expanding existing infrastructure where required, for instance, the brine extraction and evaporation ponds, combined with a process plant debottlenecking and optimisation.

The additional brine will initially come from the expansion of Beyondie’s Sunshine and Ten Mile borefields and, subsequently, the incremental expansion of the Ten Mile West trenches and borefield during the next 15 years. Significant opportunity exists for further expansion beyond 120 000 t/y, with further studies in progress.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
The project has an unlevered net present value, at a nominal 8% discount rate, of $484-million.

Capital Expenditure
The project will require incremental capital expenditure of $45.3-million.

Planned Start/End Date
Production of 120 000 t/y is expected by the fourth quarter of 2022.

Latest Developments
With first SoP production from the current SoP project imminent, KLL is accelerating expansion plans to ramp up production to 120 000 t/y by the fourth quarter of 2022, subject to the approval of its senior lenders and securing funding for the expansion.

Key Contracts, Suppliers and Consultants
SRK (independent technical adviser for senior lenders).

Contact Details for Project Information
KLL, tel +61 8 9240 3200 or email info@kaliumlakes.com.au.