Reward Minerals Acquires Beyondie Potash Plant to Boost Growth

Reward Minerals Limited (AU:RWD) has released an update.

Reward Minerals Limited has entered into an agreement to acquire the Beyondie Potash Plant for $2.13 million, a fraction of its replacement cost, with plans to simplify processing and cut costs using new technologies. The company has also secured commitments from investors to raise $2.3 million through a two-tranche placement, highlighting strong interest from strategic investors. This move is seen as a significant step by Reward to advance its potash processing technology and engage with strategic partners in the industry.

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