Sulphate of potash Manheim project, Morocco – update
Name of the Project
Sulphate of potash (SoP) Manheim project.
Location
Morocco.
Project Owner/s
Emmerson PLC.
Project Description
A preliminary economic assessment has proposed an SoP Manheim facility with a production capacity of 240 000 t/y of K50 SoP over an initial project life of 20 years.
This will use about 205 000 t/y of muriate of potash (MoP), of which the project has a captive source from Emmerson’s Khemisett potash project.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
The project has an after-tax net present value, at a 10% discount rate, of $411-million and an internal rate of return of 52.1%, with a payback of less than two years.
Capital Expenditure
The project is estimated at $119-million, including $28-million contingency.
Planned Start/End Date
Not stated.
Latest Developments
Emmerson has started scoping the next phase of development for its SoP project, which will comprise a prefeasibility study encompassing more detailed engineering and further site investigations in Jorf Lasfar.
Key Contracts and Suppliers
None stated.
On Budget and on Time?
Too early to state.
Contact Details for Project Information
Emmerson PLC, tel +44 207 236 1177.
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