Highfield Resources Ltd
Highfield Resources Limited (Highfield) is an Australia-based company engaged in mineral exploration.
The business
Highfield Resources Limited (Highfield) is an Australia-based company engaged in mineral exploration. The Company has around four potash projects. The Company's Muga, Vipasca, Izaga, Pintanos and Sierra del Perdon potash projects are located in the Ebro potash producing basin in northern Spain covering a project area of over 550 square kilometers. The Muga project targets the shallow sylvinite beds to the south east of the project area. The Muga project is located approximately 50 kilometers to the southeast of Pamplona. The Sierra del Perdon project is located approximately 10 kilometers from Pamplona. The Vipasca project area includes the Vipasca permit, the Borneau permit and the Osquia permit. The Pintanos project covers an area of around 125 square kilometers abutting the Muga-Vipasca project. The Izaga project is located in a syncline structure abutting the northern extent of the expanded Vipasca project.
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Latest news
Highfield Resources secures equity agreements to fund Muga potash project development
Highfield Resources’ (ASX: HFR) has signed equity agreements with Yankuang Energy Group, Beijing Energy International and Singapore Taizhong Global Development to deliver the remaining funding for Phase 1 development of its Muga potash project in Spain. The agreements comprise a cornerstone placement of US$220 million as well as Highfield’s US$286m inter-conditional acquisition of Yankuang subsidiary Yancoal […]
BHP’s US$5.7bn commitment to developing Jansen points to strong potash outlook
A signal the long-term outlook is bright for the muriate of potash (MOP) market is BHP Group’s (ASX: BHP) recent decision to move ahead with developing its multi-billion-dollar Jansen project in Canada, with chief executive officer Mike Henry saying the asset will create value for “generations”. Last week, BHP revealed it has approved the capital […]
Highfield Resources secures offtake deal with Maxisalt for Muga potash mine’s salt by-products
Highfield Resources (ASX: HFR) has found a buyer for the by-products from its Muga potash mine with Pardira Premium (trading as Maxisalt) agreeing to take 500,000 tonnes a year of salt. The memorandum of understanding paves the way for Maxisalt to purchase 400,000tpa of the higher value vacuum salt and a further 100,000tpa of de-icing […]
Highfield Resources secures key environmental permit to advance Muga
Highfield Resources (ASX: HFR) has received a key environment permit to advance the Muga potash project in Spain, which as the potential to be one of the highest-margin potash mines worldwide. Spain’s Ministry for Ecological Transition approved the permit, paving the way for Highfield to focus on securing the mining concession and necessary construction approvals. […]
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