tiprankstipranks
Agrimin Limited Secures R&D Tax Refund for Mackay Potash Project
Company Announcements

Agrimin Limited Secures R&D Tax Refund for Mackay Potash Project

Story Highlights

Stay Ahead of the Market:

Agrimin Limited ( (AU:AMN) ) just unveiled an announcement.

Agrimin Limited has received a $0.7 million tax refund under the R&D Tax Incentive program for its Mackay Potash Project, highlighting progress in technical de-risking and process testwork with leading equipment vendors. This development supports the company’s efforts to design and operate a processing plant tailored to Western Australian conditions, reinforcing Agrimin’s commitment to sustainable food security and its positioning in the fertiliser industry.

More about Agrimin Limited

Based in Perth, Agrimin Limited is a leading fertiliser company on the ASX focused on the development of its 100% owned Mackay Potash Project. The project is located on Lake Mackay in Western Australia, the largest undeveloped potash-bearing salt lake globally. Agrimin aims to ensure sustainable food security for future generations by addressing the growing demand for SOP due to predicted population growth and increased global food demand.

YTD Price Performance: 0.0%

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €26.79M

Learn more about AMN stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App