At Summit, we are excited to announce that a huge multimillion dollar development is well underway to expand our capacity to store and supply liquid UAN (Urea Ammonium Nitrate). The development will add a further 50,000 tonnes of liquid UAN storage capacity.
Over the past decade there has been an ever constant increase in demand for liquid fertilizers, in particular UAN.
This growth in popularity can be largely put down to UAN’s ease of storage and handling, uniformity in application, and compatibility with a wide range of commonly used crop protection products.
What we have also seen in recent years, is that the global fertilizer market has experienced some severe supply chain disruptions, brought about by issues like the COVID pandemic and overseas geopolitical tensions.
Our most recent investment will help sure-up our ability to store UAN, and greatly improve our supply chain resilience for the future.
We are currently in the process of building two storage ponds located adjacent to the Kwinana Depot. Construction of the new facility began in July 2022.
Since then, the site has been cleared, levelled and all major excavation earthworks have been completed. The next step is liner installation and pond cover.
It is estimated that the new facility will be commissioned in August of this year and will serve to greatly expand our storage capacity.
We would like to thank the great work of our main project management and execution team, and Perth based project and engineering company, Milestone Mining Services.
