Officials representing the two sides display signed agreements on the potassium exploration project. - Vt
VIENTIANE (Vientiane Times/Asia News Network): Sino-Agri Potash Co Ltd reported that Laos will be at the top level in the world in the near future after the company recently signed a potassium exploration agreement with the government.
The agreement authorises the company to continue exploring a 48.52sq kme for potassium, and was signed in the presence of leading officials from the Prime Minister’s Office, Ministry of Planning and Investment, Ministry of Energy and Mines, Khammuan province, and Chinese representatives including General Manager Tong Yongheng.
The 48.52sq km potassium ore project is located in Nonglom village, Nongbok district, Khammuan province, and has been incorporated into the company’s resource map. The potassium chloride resources controlled by parent company Asia-Potash International are expected to exceed one billion tonnes.
A grand opening ceremony for the exploration project was held at the village with over 200 participants, including the Governor of Khammuan province, Director of the provincial Department of Energy and Mines, Nongbok district Governor and other leading officials from central and local government departments, as well as representatives of Sino-Agri Potash Co Ltd.
