The infrastructure development facility will also fund upgrades to the 78-kilometre unsealed road connecting the Beyondie SOP Project site to the great northern highway, new communication infrastructure, an airstrip and an accommodation village that can support in excess of 120 people. - The Northern Australia Infrastructure Facility has loaned Kalium Lakes AUD74m ($52m) to back development of the Beyondie Sulphate of Potash (SOP) project. The deal includes AUD48m for infrastructure development and AUD26m for project development. In a statement released on Thursday, the company said it was “pleased with this positive outcome in relation to our proposed SOP project”. It will also finance improvements to the road between Beyondie and the great northern highway along with communications equipment and an airstrip.
The Northern Australia Infrastructure Facility has loaned Kalium Lakes AUD74m ($52m) to back development of the Beyondie Sulphate of Potash (SOP) project. The deal includes AUD48m for infrastructure development and AUD26m for project development. In a statement released on Thursday, the company said it was “pleased with this positive outcome in relation to our proposed SOP project”. It will also finance improvements to the road between Beyondie and the great northern highway along with communications equipment and an airstrip.