Highfield Resources Limited has announced that the Townhall of Sanguesa in Spain has issued the remaining licence for the proposed process plant at the Muga Potash Mine.
The licence enables the company to start full-scale construction efforts related to civil works and ramps to be used at the new process plant.
Highfield also requested an amendment to the license to expedite construction efforts, namely to exclude a small parcel of public land that required a more extended licencing process.
The company said the public land would not affect construction efforts at Muga and that it expects that the land will be included in the licence as construction starts.
Following the approval, the company is now looking to finalise the financing strategy, the remaining construction contracts and other preparatory work before commencing construction in the second half of 2023.
The local townhalls of Undues de Lerda and Sanguesa are the approving authorities for the mine gate and the process plant construction licences, respectively.
“The grant of the pending construction licence in Navarra for the process plant is a critical milestone for Muga. I do not think I am exaggerating by saying that we all feel this licence closes a long permitting chapter for Highfield. I would like to thank all our stakeholders, staff and shareholders for their continued support. The company will now focus on building Muga as soon as possible,” Highfield CEO Ignacio Salazar said.
According to the company, Muga Potash Mine is a unique project with shallow mineralisation with no aquifers above it, allowing the company to operate without building a shaft.
It added that the site is in proximity to quality and readily accessible infrastructure and is located at the centre of a European agricultural region with a clear deficit in potash supplies.
