Hannam & Partners: SHP Research Analysis 2022
H&P is excited to publish our research initiation on South Harz Potash (“SHP”). SHP owns five adjacent potash assets in South Harz, Germany, totalling 659km². An initial 5.3Bt @10.8% K2O Inferred Mineral Resource estimate confirmed the potential for low-hanging fruit within the region, where mining abruptly ceased following reunification of Germany in the 1990’s.
Ohmgebirge, SHP’s flagship asset, offers a streamlined path to production and proximity to infrastructure. Following an attractive Aug’22 scoping study, SHP is progressing to a Pre-Feasibility Study in tandem with permitting applications.
The redevelopment of the South Harz region’s potash mines could make a critical contribution to reducing Western Europe’s dependence on imports of a vitally important fertiliser feedstock, as global megatrends of population growth, rising living standards and shrinking arable land will require farmers to produce more from less.
Access our full report here: https://lnkd.in/eyZ4CEjt
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