The Northern Australia Infrastructure Facility (NAIF) will invest $74 million in Australia’s first plant to produce sulphate of potash (SOP). The NAIF loan will be provided to Kalium Lakes Ltd. to help develop its $250 million Beyondie SOP project. The project will produce 90,000 metric tons per year (mt/y) of SOP at a facility 160 kilometers (km) southeast of Newman in Western Australia.
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