Indefinite source of sulphate of potash is interesting.
Supplying the spodumene processors with caustic soda is also interesting.
The metrics given don't inspire though - 20% IRR, capex = NPV, payback 4 years. I'm guessing it's a costly project hence hidden capex figures.
Potential revenue figures at provided spot prices:
Table salt = 5Mt pa, $30 = 150M
SOP = 140Kt pa, $625 = 87M
Caustic soda = 1.3Mt, $400 = 520M
PVC = 1Mt, $1645 = 1,645M
=2.4B USD revenue p/a (!), if all product sells
figuring out numbers example: If post tax income is 240M (10% final margin), then capex is around 1B for a 20y NPV10 of also 1B. 20y NPV because the project resource is "indefinite". This guesstimate is probably way off given the paucity of information provided.
The project seems to be dominated by PVC (68%) then caustic soda (21%) markets in terms of income, so offtake for those products needs to be developed. A prelim MOU for the PVC idea would go a long way IMO. It seems at first glance that this project will find its market by displacing imports. This means either out-classing or out-pricing them, the latter hard to do.
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