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How Will $300M from China Minmetals Propel Highfield’s Potash Ambitions?
2:38am on Monday 2nd of June, 2025 AEST
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How Will $300M from China Minmetals Propel Highfield’s Potash Ambitions?
2:38am on Monday 2nd of June, 2025 AEST
Key Points
Non-binding LOI for US$300 million equity subscription from Qinghai Salt Lake
Investment conditional on Highfield’s acquisition of Southey potash project in Canada
Qinghai Salt Lake to become largest shareholder with controlling influence
Funds to accelerate development of Muga potash project and other growth opportunities
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