--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20190906-parkway-minerals-expands-its-project-portfolio/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # Parkway Minerals expands its project portfolio Publication Date: 2019-09-05T21:01:47-04:00 Last Updated: 2019-09-06T15:43:30-04:00 Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![Parkway Minerals expands its project portfolio](https://www.fertilizerdaily.com/wp-content/uploads/2019/09/Portfel1.jpg) Good assets are not superfluous. The Australian company Parkway Minerals is in the process of absorbing Consolidated Potash, a company handling two projects – Karinga Lake Potash (Australia) and New Mexico Lithium (USA). The first project includes the production of potassium sulfate, the second — potassium chloride and lithium salts. For Parkway Minerals, the acquisition of Consolidated Potash means the expansion of its portfolio of projects. Last year it conducted a private placement of the shares, earning $0,5 million. These funds were transferred to its daughter company Davenport Resources, which owns three licenses for exploration and production of potash salts in Germany. Davenport Resources allocated funds for the implementation of the Ebeleben project (South Harz, Thuringia): the reserves of potash salts there amounts to 356 million tons. Tags: [Australia](https://www.fertilizerdaily.com/tag/australia/), [Consolidated Potash](https://www.fertilizerdaily.com/tag/consolidated-potash/), [lithium salts](https://www.fertilizerdaily.com/tag/lithium-salts/), [Parkway Minerals](https://www.fertilizerdaily.com/tag/parkway-minerals/), [potassium chloride](https://www.fertilizerdaily.com/tag/potassium-chloride/), [potassium sulfate](https://www.fertilizerdaily.com/tag/potassium-sulfate/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.