Australia
Highfield Resources progressing towards construction of flagship Muga Potash Project in Spain
Highfield Resources Ltd (ASX:HFR) is progressing with the approvals process for its Muga Potash Project in Spains potash producing Ebro Basin.
During the first half of 2020, the companys subsidiary Geoalcali has been focused on securing the mining concession and construction permits necessary to take the project to the construction phase.
Highfield remains confident of securing the necessary debt and equity financing for Muga, which will support a final investment decision and the commencement of construction at the project.
Mining concession pending[hhmc]
The mining concession documentation was submitted on March 13, 2020, following which the Spanish Government initiated a countrywide confinement program due to the impact of COVID-19, with both the groups employees and government officials working from home.
Shortly after June 22, 2020, when the nationwide COVID-19 State of Alarm was lifted, the start of the public exposition period with respect to the mining concession documentat..
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