1: Australian Potash Limited

1

Australian Potash Limited

Lake Wells Sulphate of Potash (LSOP) is the current flagship project for Australian Potash Limited (APC). Located approximately 500 km northeast of Kalgoorlie, in Western Australia’s northEastern Goldfields, the shovel-ready project consists of granted mining leases and exploration licenses covering a total of over 1,200 square kilometres, and a long-life operation of more than 30 years.

APC has awarded the ~35 MW hybrid renewable microgrid at LSOP to PWR Hybrid on a Build-OwnOperate basis. The microgrid will integrate a gasfuelled power station with solar PV, wind and battery energy storage technology.

The microgrid project is expected to achieve a Renewable Energy Fraction (REF) above 65%.

Australian Potash Managing Director and CEO, Matt Shackleton said, “Strategically, we shifted the focus of the LSOP development and operations to a sustainable energy footing to capture and leverage the already low GHG footprint of a solar-salt project.”

The hybrid energy facility will become a leading remote mine site power installation in Australia, supplying energy to a sulphate of potash (SOP) project claimed to be the country’s greenest.