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Ann: Acquisition of North Onslow Solar Salt Project, page-36

  1. 117 Posts.
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    Scratching the surface of salt.....

    I found these snippets of outlook for the salt market in Australia

    https://hotcopper.com.au/data/attachments/3135/3135832-5a971321c21ba378ec33d3d7ccb99872.jpg
    https://hotcopper.com.au/data/attachments/3135/3135835-ad6fa0709079a7536300a832b18696b8.jpg
    Seems there is money to be made in salt. The figure shows values in USD. Ideally capturing a percentage of this market looks like a good idea.

    "The NOSSP is adjacent to an existing solar salt project that has been successfully operated by Mitsui and Co for 20
    years with a production capacity of 2.7 million tonnes and also BCI Minerals Limited’s Mardie Salt & Potash Project,
    a potential Tier 1 project located on the West Pilbara coast in the centre of Australia's key salt production region"

    If mitsui and co have been running a project like this for 20 years, its bound to be profitable!. A good acquisition. Its different, but does look like it could make money.


 
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