Highfield Resources prepares to enter construction at flagship Muga Potash Project in Spain

Highfield Resources Ltd is preparing to move into the construction phase at its flagship Muga Project in Spain after closing out the 2021 financial year.

The potash company spent the June quarter completing the final steps to secure mining concessions covering the Fronterizo, Muga and Goyo areas, which make up the Muga Project.

Looking ahead, Highfield intends to negotiate a construction agreement with its preferred construction partner, Acciona, and progress financial discussions to secure debt and equity funding alongside Endeavour Financial.

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