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# Australian Potash will receive a green loan

Publication Date: 2021-05-18T13:00:12-04:00
Last Updated: 2021-05-17T11:20:40-04:00

Author: Kirill Shakin (https://www.fertilizerdaily.com/author/shakinkirill/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/)

![Australian Potash will receive a green loan](https://www.fertilizerdaily.com/wp-content/uploads/2021/05/full_58P0bV5l.jpg)

Treasured money is just a stone's throw away.

Australian Potash announced that they had passed verification for a green loan, which the company plans to use to finance its Lake Wells Potash project (Australia).

Australian Potash previously dug a pilot pond network that includes a large pond for the preconcentration of water solutions of potassium salts and three smaller ponds for precipitation of sodium, magnesium and potassium salts. The company has already obtained a test batch of three tons.

Australian Potash intends to build a full-fledged plant with a capacity of 150 thousand tons of potassium sulfate per year in the first five years of operation, with a subsequent increase to 300 thousand tons.

Tags: [Australia](https://www.fertilizerdaily.com/tag/australia/), [Australian Potash](https://www.fertilizerdaily.com/tag/australian-potash/), [potassium fertilizers](https://www.fertilizerdaily.com/tag/potassium-fertilizers/), [potassium salts](https://www.fertilizerdaily.com/tag/potassium-salts/)

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