ABR to Partner with Compass on SOP

Australian-based American Pacific Borates (ABR), reports it is one step closer to bringing a seller onboard to commercialize specialty fertilizer produced at its proposed Fort Cady Borate Mine in California, saying it has inked a letter of intent with Compass Minerals, Overland Park, Kan. ABR says the Fort Cady project, situated in the southeastern desert region of San Bernardino County, is just months away from coming into production.