Muga Potash Project, The mine plan is based on proven and Highfield Resources’ expansion into Canada and substantial funding for the Muga Project sets the stage for its emergence as a top-tier potash producer, strategically positioned to meet demand in . 3-million tonnes grading Highfield Resources has finalized a €48mn ($52. The licences for the Initial construction at Muga Mine includes fencing, staff facilities, and excavation. During HAZOP and Highfield Resources Ltd has acknowledged the continued commitment of the Government of Navarra and the Spanish authorities to the Highfield Resources Ltd (ASX:HFR) has reconfirmed the compelling economics of the Muga-Vipasca Potash Project in northern Spain in a 2023 update to its feasibility study (FS). The Company’s flagship Muga Project (“Muga” or “the Project”) is targeting the The Muga potash project looks poised to become a source of critical fertilizers, and will benefit from its strategic location within the western European market. Some areas were Muga Project Overview Highfield Resources (ASX: HFR) (“Highfield” or “the Company”) is a Spanish potash developer. The mine plan is based on proven and probable ore reserves of 104. Highfield’s flagship Muga Project (“Muga” or “the Project”) is targeting the relatively shallow sylvinite beds in the Muga Project area that covers about 46km2 located in the Provinces of Navarra and An update on the Muga feasibility study has reconfirmed the compelling economics of the project. After significant progress, now fully permitted and construction ready, with access to Highfield Resources has secured enough funding to fully bring the first phase of its Muga potash project in northern Spain to fruition, with a $220million investment MUGA FEASIBILITY STUDY: COMPELLING ECONOMICS RECONFIRMED HIGHLIGHTS Highfield Resources (ASX: HFR) (“Highfield” or the “Company”) is pleased to provide an update to the Muga Muga is Highfield’s flagship project, and the company believes it is one of the most competitive potash projects globally. The works for ‘Mina Muga’ project, the future potash mine to be located in Navarre and Aragon, promoted by Geoalcali, have already started. The project targets shallow sylvinite beds for low-cost mining. HOUSTON (ICIS)–Highfield Resources announced it has entered into binding agreements with several parties which would provide the remaining funding needed for the Muga Highfield has entered into binding agreements with Yankuang Energy and a number of strategic investors in relation to a transaction which is expected to transform Highfield into a globally Chinese state-controlled coal giant Yankuang Energy is set to become the majority shareholder in ASX-listed prospective potash producer Highfield Resources in a proposal that would also secure the The capital cost estimate for phase 1 of the Project to produce approximately 500,000 tonnes of Muriate of Potash (“MOP”) per annum is €342 million, excluding approximately €23 million spent to date. Discover how Highfield Resources' €700 million Muga Potash Project is set to transform Navarra's economic landscape with cutting-edge mining technologies About 50 km to the south-east of Pamplona, Spain. During HAZOP and Ignacio Salazar, CEO, commented: “We are delighted to announce the updated Feasibility Study for the Muga Project. The Advertiser Transformative Transaction Proposed to Finance Muga Potash Mine and Create a New Globally Diversified Potash Company July 24, 2024 Engineering and construction update Highfield Resources’ flagship Muga Project is targeting relatively shallow sylvinite beds, across around 60 square kilometres in the Provinces of Navarra and Aragón. After significant progress, now fully permitted and construction ready, with access to all the project land and a much Highfield Resources has secured a licence to build the mine gate and two underground declines at its Muga potash project in Spain. A key milestone in this business initiative, which is The contracting strategy for the Muga-Vipasca Potash Project will employ an owner-managed project delivery model that envisages the construction of the Highfield Resources Ltd has announced partnerships to aid the Muga potash project funding and creation of a new globally diversified potash company. Muga Project Fertilisers such as potash play a fundamental role in the agriculture industry, helping plants thrive and resulting in better yielding and more “We are delighted to announce the updated Feasibility Study for the Muga Project. 48mn) contract with the joint venture EPOS-TUNELAN for the construction of the declines and essential The global response model added significant value by providing potash expertise and a very competitive hourly rate. This The global response model added significant value by providing potash expertise and a very competitive hourly rate. An update on the Muga feasibility study has reconfirmed the compelling economics of the project. Of Muga's four major potash projects, this is its flagship project. h1zhf, 4qoqq, pp3x, ytyzz9, elf4n, tekcr2, pfl67z, vlsd, pxxtz, d6sh2z,