South Harz Potash Ltd

South Harz Potash Ltd

Mining

Building Western Europe’s largest potash inventory.

About us

South Harz Potash (ASX: SHP) through its wholly owned German subsidiary, Südharz Kali GmbH, holds potash project licences, in Germany’s South Harz Potash District. The South Harz Potash District, in the heart of Germany, was one of the world’s most important Muriate of Potash (MOP) producing regions, with a history of mining going back over 120 years. Prior to the re-unification of Germany in the 1990’s, the former German Democratic Republic produced approximately 3.3 million tonnes of K2O annually from mines within and around the South Harz Potash District. Historically, both Sylvinite and Carnallitite potash ores have been mined in the South Harz Potash District by conventional underground room and pillar mining. Davenport’s South Harz Project comprises three perpetual mining licences, Ebeleben, Mühlhausen-Nohra and Ohmgebirge and two exploration licences, Küllstedt and Gräfentonna, covering a total area of approximately 659km². Davenport’s licences surround five former underground potash mines that were closed down after German reunification in the 1990’s. The three perpetual mining licence areas and the exploration licence area Küllstedt have been extensively explored for Potash by the former GDR and a vast database of drillholes and technical studies exists to support the geological model. Davenport’s three perpetual mining licences, Ebeleben, Mühlhausen-Nohra and Ohmgebirge, are unique and valuable. Over the past year Davenport has focused work on evaluating the vast archive of exploration data with the aim of defining JORC 2012 compliant resources. Davenport now controls over 5.25 billion metric tonnes of potash grading at 10.8% K2O, the largest potash resource in Western Europe. Positive scoping studies for three of Davenport's projects in Germany have recently been completed. The future looks bright for Davenport as the company aims to restart the old East German potash industry in a green, sustainable and environmentally friendly way.

Industry
Mining
Company size
2-10 employees
Headquarters
Perth, Australia
Type
Public Company
Founded
2014
Specialties
Potash, Mining, and European Investment

Locations

Employees at South Harz Potash Ltd

Updates

  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    𝗦𝗼𝘂𝘁𝗵 𝗛𝗮𝗿𝘇 𝗣𝗼𝘁𝗮𝘀𝗵 𝗦𝗲𝗰𝘂𝗿𝗲𝘀 𝗔$𝟰𝟱𝟬,𝟬𝟬𝟬 𝗶𝗻 𝗡𝗲𝘄 𝗘𝗾𝘂𝗶𝘁𝘆 𝗖𝗼𝗺𝗺𝗶𝘁𝗺𝗲𝗻𝘁𝘀   We are pleased to announce that it has received binding commitments totalling A$450,000 in new equity funding. This comprises:   ✅ A$400,000 raised through the Shortfall Offer, with investors subscribing for 40 million Shortfall Shares at A$0.01 per share.  ✅ A private placement of A$50,000 by Executive Chairman, Mr. Len Jubber, through the subscription of 5 million new shares, subject to shareholder approval at the upcoming Annual General Meeting.   These commitments, alongside the recently completed Entitlement Offer, bring the total equity raised to over A$2 million, strengthening our financial position as we progress the development of the Ohmgebirge Potash Project.   Key focus areas include: 🔹 Completion of due diligence and negotiation for the acquisition of the Sollstedt mine property 🔹 Advancement of Stage 2 permitting activities for the Ohmgebirge project, following the receipt of the Spatial Planning Assessment.  🔹 Evaluation of potential funding opportunities, including German R&D tax incentives, freight rail access and clean energy grants.  🔹 Consideration of long-term Definitive Feasibility Study funding pathways, including potential strategic partnerships.   This additional funding reinforces our commitment to advancing the Ohmgebirge Potash Project and enhancing value for our shareholders.   Read the full announcement here: https://bit.ly/4dH3W1o   #SouthHarzPotash #SHP #Potash #Mining #Ohmgebirge #CleanEnergy #StrategicPartnerships

  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    Die aktuelle Handlungsempfehlung des BDI - Bundesverband der Deutschen Industrie e.V. sagt in ihrem Kapitel 2.1.7 ganz klar, dass wir uns keine kritischen Abhängigkeiten von Rohstoffen mehr leisten können. Unser Projekt Ohmgebirge wird dafür ein weiterer Puzzle-Stein sein. Deshalb: Natürlich versorgt. Verantwortungsvoll gefördert. Mehr dazu: https://lnkd.in/d553A3zb #thüringen #mining #bergbau #eichsfeld #ASX #ASX200 #rawmaterial #Rohstoffe

    • Grafik von Südharz Kali mit dem Zitat „Deutschland sollte die europäische Rohstoffproduktion entlang der gesamten Wertschöpfungskette stärken.“ Im Hintergrund ist ein unscharfes Bild eines Kali-Bergbaustollens zu sehen. Oben rechts steht „…Studie.“ und unten wird auf die Untersuchung „Transformationspfade“ des Bundesverbands der Deutschen Industrie hingewiesen. Das Logo von Südharz Kali befindet sich oben links.
  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    Our German director and team members attend a mining conference and networking event at the eldest mining academy of the world … seated in Germany, close to our south Harz project.

    View profile for Dr. Babette Winter, graphic

    Regional Director Germany at South Harz Potash Ltd, Staatssekretärin a. D., passionate in communicating and creating an environment where projects become real.

    In #Freiberg treffen sich mal wieder Fachleute rund um #Bergbau Themen. Vorher haben wir uns als Mitglieder des Verband Bergbau, Geologie und Umwelt e.V zur jährlichen Mitgliederversammlung getroffen. Bergbau ist auch in Deutschland Wirtschaftsfaktor und wichtige Ingenieurdisziplin.

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  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    We are pleased to announce the release of South Harz Potash Limited's 2024 Annual Report, which provides a comprehensive update on the company’s progress over the past year.   In May, we took a step forward with the agreement on non-binding terms for the acquisition of the neighbouring Sollstedt mine in Thuringia, Germany. This acquisition represents a milestone for our flagship Ohmgebirge Potash Development, enabling us to capitalise on existing regional mining infrastructure. By utilising the existing shafts at Sollstedt, we will reduce pre-production costs and decrease the surface footprint of the project by approximately 50%, compared to greenfield alternatives.   The release of the Ohmgebirge Pre-Feasibility Study reinforces the viability of developing and operating a world-class potash mine in the heart of Germany. The study highlights potential synergies stemming from the Sollstedt acquisition, which could extend the life of the mine and increase output during the early years of production.   In June, we achieved the successful granting of the Spatial Planning Assessment for Ohmgebirge. This approval validates the compatibility of our project with regional planning requirements and is a testament to the world-class environmental and sustainability standards integrated into our development plans. It reflects the strong support from local authorities and the wider community, positioning Ohmgebirge as a responsible and sustainable development in the critical minerals space.   As South Harz enters a cost-efficient phase of project optimisation, we remain committed to advancing Ohmgebirge’s development and evaluating strategic opportunities to maximise value.   We extend our gratitude to our shareholders for their continued support and look forward to keeping you informed of our progress.   Read the full report here: https://bit.ly/47K5SoC   #SouthHarzPotash #SHP #Potash #AnnualReport

  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    We are pleased to announce the successful completion of our pro-rata non-renounceable entitlement offer. In combination with our recent placement, total new equity subscriptions are approximately A$1.57 million, including commitments from our directors. We sincerely thank our shareholders and new investors for their participation and support.   Activities targeting the placement of the shortfall shares from the entitlement offer have commenced.   Funds raised will contribute to the ongoing advancement of the Ohmgebirge Potash Development, including: 🔹Completion of due diligence for the Sollstedt Mine Purchase 🔹Advancement of preparatory Stage 2 permitting activities 🔹Qualification assessment for German R&D tax incentives and other complementary funding opportunities 🔹Evaluation of strategic funding pathways   We will continue to cost-effectively progress our flagship Ohmgebirge development as we navigate the current global potash market.   Read the full ASX announcement here: https://bit.ly/4eb9gvh   #SouthHarzPotash #SHP #Potash #ASX #EntitlementOffer #Ohmgebirge

  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    Auch wir arbeiten gern mit den Fachleuten der K-UTEC AG SALT TECHNOLOGIES zusammen. Unser Rohsalz für die technischen Versuche kam jedoch nicht aus Australien sondern dem Bergwerk Sollstedt im Norden Thüringens. Guter Beitrag, der auch für technische Berufe wirbt.

    View profile for Sebastian Lüning, graphic

    Executive Director at K-UTEC | Helping the Mining Industry to sustainably explore, develop and produce potash, lithium, cobalt and copper

    Was machen wir eigentlich bei der K-UTEC? Der ARD-Kanal alpha hat unseren Mitarbeiter Kevin Bittmann bei der Arbeit begleitet und ein sehenswertes Porträt gesendet. Spannende Verfahrenstechnik. Klasse gemacht. Ich finde, Kevin sollte nun seine eigene Serie bekommen! https://lnkd.in/e7knN95F

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  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    Die Südharzregion verfügt über ein modernes Schienennetz, das eine umweltschonende und effiziente Anbindung an wichtige Verkehrsknotenpunkte ermöglicht. So beliefern wir unsere Kunden in Nordwesteuropa, dem Ostseeraum und Osteuropa hauptsächlich per Bahn, oder einer Kombination aus #Bahn, #LKW und Schiff. Der Verkauf von Granuliertem MOP z. B. nach #Brasilien erfolgen während der europäischen Nebensaison per #Schiff. Unsere zentrale Lage in Europa und die hervorragende Verkehrsinfrastruktur garantieren eine termingerechte und kostengünstige Lieferung unserer Produkte. Mehr dazu auf unserer Erklär-Seite zur PFS: https://lnkd.in/eN-iSDdH #ASX #ASX200 #ASXNews #investment #bergbau #mining #miningindustry

    • Das Bild zeigt ein Werbeplakat der Firma „Südharz Kali“ mit dem Slogan: „Unsere Produkte erreichen Kunden weltweit – dank optimaler Verkehrsanbindung!“ Im Hintergrund ist eine verschwommene Bahnstrecke zu sehen, die vermutlich die logistische Anbindung symbolisiert. Oben rechts im Bild steht „…PFS erklärt“, was darauf hinweist, dass es sich um eine Informationskampagne handelt. Der Text und das Bild betonen die Bedeutung der Verkehrswege für den weltweiten Versand der Produkte.
  • View organization page for South Harz Potash Ltd, graphic

    1,305 followers

    𝐄𝐧𝐭𝐢𝐭𝐥𝐞𝐦𝐞𝐧𝐭 𝐎𝐟𝐟𝐞𝐫 – 𝐄𝐱𝐭𝐞𝐧𝐬𝐢𝐨𝐧 𝐨𝐟 𝐂𝐥𝐨𝐬𝐢𝐧𝐠 𝐃𝐚𝐭𝐞   We are pleased to inform our valued shareholders that South Harz Potash has extended the Closing Date for our pro-rata non-renounceable entitlement offer to provide our shareholders with more time to participate. The new deadline is now 5:00pm (WST) on Monday, 16 September 2024.   This extension is particularly aimed at supporting our growing shareholder base in the European Union and UK, which represents around 26% of our Company’s shareholding, by addressing reported logistical delays in receiving the Entitlement Offer documentation.   The revised key dates are as follows: 🔹Closing Date: 5:00pm (WST) Monday, 16 September 2024 🔹Securities quoted on a deferred settlement basis: Tuesday, 17 September 2024 🔹ASX notified of under subscriptions: Monday, 23 September 2024 🔹Quotation of Shares issued under the Offer: Tuesday, 24 September 2024   For more details, including how to accept the Offer and key risks, please refer to the Prospectus. Eligible shareholders are encouraged to review this document carefully and consult with professional advisers as needed.   Thank you for your continued support. Read the full ASX announcement here: https://bit.ly/4cX1gN2   #SouthHarzPotash #SHP #Potash #ASX #EntitlementOffer #Investors #Shareholders

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Funding

South Harz Potash Ltd 1 total round

Last Round

Post IPO equity

US$ 2.0M

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