Post by
mdjbrown on Dec 29, 2022 9:43pm
Financials / MD&A out today
Nice update on progress -
"Construction and Development Construction at the Phase I site resumed in May 2022 and is progressing well.
As of end of September 2022, the product storage building structural was completed, periodic pumphouse modifications were completed and a disposal well was successfully constructed. Procurement and delivery are expected to be on schedule subject to any minor deviation, and operational readiness and cavern development planning are ongoing.
Subsequent to September 30, 2022, additional progresses included pouring of all concretes, all rough setting of mechanical equipment, completion of structural steel of the process plant building, storage building, and compaction building, and closure of the claddings of the processing plant building and storage building, which will allow equipment and instrumentation installations to start in a safe and weatherproof environment.
Construction completion is forecasted for May 2023 after which the mechanical commissioning will begin.
Cold mining was restarted in July 2022 to extract to the crystal pond the brines that were saturated with KCl from accumulation in the caverns over the past 15 months when they were shut in. Current results reflected through the cold mining operations indicate that current surface facilities and infrastructures are expected to be fully capable of supporting stable development and operations of the three caverns."