The newly granted 10 Mile Lake West exploration licence will further enhance the Beyondie Sulphate of Potash project.
Indication of potential project finance debt of up to US$230 million for construction of the project has resulted from ongoing discussions with a major global commercial bank.
The decision under the Environment Protection and Biodiversity Conservation Act covers the Stage 1 area of the Western Australia project.
On Monday, state-owned potash producer Belaruskali began maintenance at its fourth muriate of potash (MOP) mine.
Essel Group ME Ltd (EGME) has appointed Colonnade Mining Group (Eritrea) Ltd (Colonnade) as drilling contractor for its Bada potash project.