a day ago
- Business
- AU Financial Review
After a long and painful journey, Australia is finally making potash
It took three insolvencies, four years longer than expected and hundreds of millions of taxpayer dollars, but Australia can finally claim to be a potash exporter.
Czech resources investor Global Investments has confirmed that potash is now being sold from its Lake Way project in Western Australia, almost three years after the company bought the asset off the administrators of failed ASX-listed company Salt Lake Potash.