Junior miner South Harz Potash Ltd. announced that it has executed a non-binding Memorandum of Understanding (MOU) with Euroports Germany GmbH & Co. KG and Euroports Belgium NV to discuss a potential long-term agreement for the storage, handling, and export of potash products from South Harz’s flagship Ohmgebirge Potash Development, located in central Germany, through one of Euroports’ operated facilities in Rostock (Germany) and/or Antwerp (Belgium).
“While we plan to sell much of our potash output from Ohmgebirge into proximate European demand, it is also anticipated that Ohmgebirge will supply key export markets such as Brazil and North America to account for seasonality,” said Luis da Silva, South Harz Managing Director and CEO.
“Being located close to existing port infrastructure delivers South Harz a substantial overland transport (and associated carbon emissions footprint) advantage relative to major established producers in Canada and eastern Europe, some of which need to rail product up to 2,000 kilometers to their export facilities,” da Silva said.