Kore Potash
| Company type | Public |
|---|---|
| ASX: KP2 | |
| Industry | Mining |
Key people | Sean Bennett (CEO) David Hathorn (Chairman) |
| Products | Potash |
| Website | korepotash.com |
Kore Potash is a mining company incorporated in the United Kingdom developing a potash project in the Republic of Congo.
Corporate affairs
[edit]The company is publicly traded with a primary listing on the Australian Securities Exchange and has concurrent secondary listings on the Alternative Investment Market of the London Stock Exchange and Johannesburg Stock Exchange. It raised US$13 million in its debut on secondary markets in March 2018.[1] The secondary listings on the LSE and JSE were intended to expose the company to investors more accustomed to African projects.[2] The company's main investors are SGRF, the sovereign wealth fund of Oman, and SQM, a Chilean mining company.[1]
Project
[edit]The company is pursuing development of the Sintoukola potash project in the Kouilou Department, Republic of Congo. The company's announced plans are to begin producing in 2022 and eventually reach 2 million tonnes per year in output.[1]
References
[edit]- ^ a b c "Kore Potash to tap investors for $600 mln towards Congo Rep mine". Reuters. March 30, 2018.
- ^ "Kore Potash gains greater access to capital markets and investors". Mining Review. June 1, 2018.
See also
[edit]- MagIndustries - Next door neighbor, a potash mining company with an advanced stage project also in the Kouilou Department