Proactive Investors

Potash, silica sand and other industrial mineral stocks make the best of global headwinds

February 2, 2023

During the quarter, Highfield Resources Ltd (ASX:HFR) signed the principal facility documentation for €320.6 million senior secured project financing for its Muga Potash Project in Spain with a group of experienced European mining finance lenders (BNP Paribas S.A., ING Bank N.V., Natixis and Societe Generale).

Highfield has finalised the initial construction work around the mine gate during the quarter. The slopes were completed, bolted and shotcreted to ensure long-term stability.

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