Potash West (ASX:PWN) is an exploration company focused on developing extensive greensand deposits in Western Australia’s Perth Basin. The Company aims to define a substantial resource base and investigate how best to recover potash, phosphate and other minerals from the greensand. A successful commercial outcome will allow the Company to become a major contributor to the fertiliser market at a time of heightened demand.
The Company listed on the ASX on 11 May 2011 following a successful and oversubscribed $6m IPO. The Company has a major land holding over one of the world’s largest known greensand deposits, with exploration licenses and applications covering an area of 2,119km. Previous exploration indicates greensand bearing sediments are widespread for more than 150km along strike and 15km in width.