Kore Potash PLC (GB:KP2) has released an update.
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Kore Potash PLC has finalized a $1.929 billion fixed-price EPC contract with PowerChina for the Kola Project in the Republic of Congo, aiming to become one of the lowest-cost potash producers globally. The contract includes significant investment in infrastructure, making the project self-reliant and reducing cost overrun risks. Trading of Kore Potash’s securities on the ASX and JSE has resumed following the announcement.
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