The decision to suspend has been attributed to the low grades of the ore mined at Beaufor in recent quarters, combined with the persistent weakness in the price of gold and difficulties recruiting qualified manpower in the region.
The soon-to-be competed bauxite project has been built using local companies with over AUS$1.5 billion worth of contracts awarded to Queensland suppliers.
Kalium Lakes Limited (KLL) receives approval by the Department of Mines, Industry Regulation and Safety for its Beyondie Sulphate of Potash Project.