AIM and ASX listed company Salt Lake Potash Limited ("SO4" or the "Company"), announces its interim results for the half-year ended 31 December 2020.
The Company's primary focus is the development of its Lake Way Project (the Project) near Wiluna, Western Australia.
On December 31 2020, the total project was 81% complete and the process plant 88% complete on an earned value basis with first SOP production expected in Q4 2021.
The Company's long-term plan is to develop an integrated SOP operation producing from several Western Australian salt lakes.
Achievements during the half year ended 31 December 2020 included:
Process Plant construction significantly advanced
At December 31st, 2020 the Process Plant was 88% complete on an earned value basis with site concrete work (including additional NPI and bagging infrastructure) 94% complete, structural steel 80% complete and tanks/vessels 81% complete.