Highfield Resources (ASX: HFR) ('Highfield' or 'the Company') is pleased to announce the signing of all remaining purchase contracts for the key components of the process plant (see figure 1) of its flagship Muga Potash Mine ('Muga' or 'the Mine' or 'the Project')
HIGHLIGHTS
EUR2.9 million purchase contract signed for the process plant's thickeners with Outotec.
Purchase contract for the dryers signed with TEMA for a value of EUR2.6 million.
These long lead item purchase contracts are key in advancing Muga towards construction and allow the Company to mitigate future inflationary risk.
With the execution of these two contracts, Highfield has now signed purchase contracts for all of Muga Mine's critical process plant equipment.
The Company continues to progress development at Muga and utilise the capital raised in August and September 2021 to sign purchase contracts for key long lead items which will further advance the Project towards construction. A EUR2.9 million contract has been signed with Metso Outotec Finland Oy. ('Outotec'), to provide the thickeners (see figures 2, 3 and 4) needed to remove impurities from the brine solution within the crystallization process.
A contract has also been signed with TEMA Process BV ('TEMA'). This EUR2.6 million contract, will provide both the potash ('KCl') and salt ('NaCl') dryers, as well as the dedusting systems (see figures 5 and 6) and the wet scrubber of the crushing area (Figure 7). The KCl dryer will be used for drying the KCL prior to it entering the compaction circuit while the NaCl dryer will be used for drying the vacuum salt prior to its storage and sales.
Ignacio Salazar, CEO, commented: 'We are delighted to report another important step towards construction at Muga. With the signing of these contracts, all key process plant equipment has been procured, reducing future potential inflationary risk and construction risk.
Highfield Resources
ACN 153 918 257
ASX: HFR
WEB: www.highfieldresources.com.au
Contact:
Head Office
Avenida Carlos III
13 - 1-degreeB 31002 Pamplona
Spain
T: +34 948 050 577
Registered Office
169 Fullarton Road
Dulwich
SA Australia
T: +61 8 8133 5000
About Outotec
Metso Outotec was created through the combination of Metso Minerals and Outotec on 30 June 2020. They are considered to be a frontrunner in sustainable technologies, end-to-end solutions and services for the aggregates, minerals processing and metals refining industries globally.
About TEMA
TEMA Process B.V. is a specialised design and manufacturing company for fluid bed systems for the drying of a range of materials including minerals, chemicals, food, feed and biomass. The TEMA Fluid Bed can be applied not only for drying, but also for cooling, roasting, torrefaction, puffing, blanching, stripping, as well as spices and herbs sterilisation and pasteurisation and calcining
Contact:
Highfield Resources Limited
Ignacio Salazar
Chief Executive Officer
Ph: +34 948 050 577
Olivier Vadillo
Investor Relations
Ph: +34 609 811 257
Alex Cowie
NWR Communications
Director
Ph: +61 (0) 412 952 610
HIGHFIELD RESOURCES LIMITED 
