FERTILIZER AND HCL PLANT FROM POTASH AND TAILINGS

PROJECT

  • Construction of a 55 000 TPY fertilizer plant¬†(SOP & SOPM)
  • Location : Thetford Mines area, Quebec
  • EBITDA :¬†17 M$/yr
  • Capital Cost : 34 M $CDN
  • IRR : 38%

HISTORICAL

1999-2006

-Laboratory scale development of the first generation of the fertilizer process using MgO bearing tailings
-Filling of the first patents

2006-2008

– Successful piloting of the process
– Feasibility study for industrial implementation

2008-2016

Project on hold due to 2008 financial crisis

2016

Project re-initiated by KSM

2017 : Foundation of KSM

– New patent filed
– Agreement in place with Dundee
– Agreement in place with Distributor
– Strategic partnership with MgO resource owner

RESOURCES

400 Millions Tons of Tailings available in Thetford Mines area
  • Serpentinic material with 38 % MgO
  • Strategic Partnership with Resource Owner
  • Source of magnesium for SOPM
  • Large industrial site and infrastructures available (lower Capex)

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