South Harz bolsters position in German potash sector

Australia-headquartered potash firm South Harz on Wednesday announced the completion of the prefeasibility study (PFS) for its flagship Ohmgebirge development in central Germany. Alongside this milestone, the company reported a potential significant future acquisition of a neighbouring mining opportunity, opening avenues for brownfield development. South Harz has agreed nonbinding key terms for the purchase of the Sollstedt property, including shafts, underground and surface infrastructure, as well as mineral rights.