Salt Lake Potash
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Salt Lake Potash holds a number of large salt lake brine projects in Western Australia, South Australia and the Northern Territory, each having potential to produce sulphate of potash for domestic and international fertiliser markets. Most notable of these is the Lake Wells project near Laverton.
In December 2015, the company changed its name from Wildhorse Energy in order to reflect the change in the business away from its former focus on the evaluation of underground coal gasification (UCG) projects and uranium deposits primarily in Europe and the United States.
In October 2021, Salt Lake Potash went into voluntary administration. The company was delisted from the ASX in July 2023.
Contact Details
Ground Floor, 239 Adelaide Terrace, PERTH WA 6000
08 6559 5800
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Total value as at the date of the transaction
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Company Activity
| UPDATED: Public Companies - Resources WA list | 04 Jan 2024 |
| RANKING: 79 Down from 78 in Public Companies - Resources WA list | 09 Dec 2023 |
| RANKING: 78 Up from 83 in Public Companies - Resources WA list | 02 Oct 2023 |
| RANKING: 83 Down from 73 in Public Companies - Resources WA list | 21 Sep 2023 |
| NEWS: Tagged in Elevating the critical status of potash | 08 Sep 2023 |
| M&A DEAL: New deal has been added | 12 Dec 2022 |
| NEWS: Tagged in Salt Lake's project finds buyer | 19 Sep 2022 |
| NEWS: Tagged in Potash to win in $1.3bn diversification fund | 12 May 2022 |
| NEWS: Tagged in BCI breaks Mardie ground, flags expansion | 25 Mar 2022 |
| NEWS: Tagged in Stokes growing potash stakes | 22 Mar 2022 |
News Articles
Related Information
Notable People
| Name | Position | Year Started |
|---|---|---|
| Chief Executive | 2021 |
| Executive Manager | 2018 |
| Corporate Executive | 2017 |
| Project Director, Processing & NPI | 2018 |
| Project Director, Technical | 2018 |
| Project Director, Civil | 2018 |
| Chief Financial Officer | 2021 |
| Chief Operating Officer | 2017 |
| Director of People, Culture, Heritage & Community | 2019 |
| Director, Sales & Marketing | 2019 |
| Project Director for Strategy & Funding, Executive Director since 2020 | 2019 |
| Non-Executive Chair Non-Executive Director (2010 to 2014) | 2014 |
| Non-Executive Director | 2020 |
Past People
| Name | Position | Year Started | Year Ended |
|---|---|---|---|
| Rebecca Morgan | Non-Executive Director | 2021 | 2021 |
| Grant Coyle | Head of Corporate Development, Acting CFO since 2021 | 2018 | 2021 |
| Peter Thomas | Non-Executive Director | 2020 | 2021 |
| Tony Swiericzuk | Managing Director, Chief Executive | 2018 | 2021 |
| Clint McGhie | Chief Financial Officer, Company Secretary | 2018 | 2021 |
| Bryn Jones | Non-Executive Director | 2017 | 2021 |
| Shaun Day | Chief Financial Officer | 2019 | 2020 |
| Mark Pearce | Non-Executive Director | 2014 | 2020 |
| Matthew Syme | Non-Executive Director, Consultant | 2018 | 2019 |
| Matthew Syme | Chief Executive | 2016 | 2018 |
| Sam Cordin | Chief Financial Officer, Company Secretary | 2014 | 2018 |
| Jason Baverstock | Executive Director | 2017 | |
| Jason Baverstock | Founder, Executive Director | 2015 | 2017 |
| Mark Hohnen | Non-Executive Director | 2014 | 2017 |
| Sophie Raven | Company Secretary | 2011 | 2015 |
| Matt Swinney | Managing Director | 2010 | 2014 |
| Ian Middlemas | Non-Executive Director | 2010 | 2014 |
| James Strauss | Non-Executive Director | 2010 | 2014 |
| Johan Brand | Technical Director (UCG Project Director Feb-Dec 2010) | 2010 | 2014 |
| Brett Mitchell | Non-Executive Director | 2012 | 2014 |
| Mark Hohnen | Non-Executive Chairman | 2010 | 2014 |
| Brett Mitchell | Executive Director, Company Secretary | 2009 | 2011 |
| Janos Csak | Non-Executive Director | 2010 | 2011 |
| Craig Burton | Non-Executive Chair | 2010 | |
| Johan Brand | Project Director, Underground Coal Gasification | 2010 | 2010 |
| Henry Neugebauer | Technical Director | 2009 | |
| Richard Pearce | Managing Director | 2005 | 2009 |
| Doug Warden | Vice President, Business Development | 2007 | 2009 |
| Ian Gregory | Company Secretary | 2006 | 2009 |
| Bruce Larson | Non-Executive Director | 2006 | 2009 |
| Mark Hughes | Non-Executive Chair | 2006 | 2009 |
| Konrad Wetzker | Non-Executive Director | 2011 | |
| Janos Csak | Director | ||
| James Strauss | Non-Executive Director | ||
| Mark A Hughes | Chairman | ||
| Matthew Syme | Non-Executive Director | ||
| Richard J Pearce | Managing Director | ||
| Bruce E Larson | Non-Executive Director | ||
| Johan Brand | Technical Director | ||
| Konrad Wetzker | Non-Executive Director | ||
| Bruce Franzen | Company Secretary | 2021 |
Projects
| Project Name | Role | Category | Product | Cost (Estimated) | Status | |
|---|---|---|---|---|---|---|
| Lake Way | Owner/Developer | Mining | Potassium sulphate | Possible | >> |
ECM Deals
| Date | Company | Transaction Type | Total Value | |
|---|---|---|---|---|
| 24/05/21 | Salt Lake Potash | Placement | $28.0m | >> |
| 11/12/20 | Salt Lake Potash | Placement | $52.0m | >> |
| 28/08/20 | Salt Lake Potash | Placement + entitlement offer | $98.5m | >> |
| 02/07/20 | Salt Lake Potash | Convertible notes | $15.0m | >> |
| 17/04/20 | Salt Lake Potash | Placement | $20.0m | >> |
M&A Deals
| Announced | Bidder | Target | Transaction Type | Total Value | |
|---|---|---|---|---|---|
| 19/09/22 | Salt Lake Potash | Asset acquisition | $0 | >> | |
| 23/07/19 | Salt Lake Potash | Wiluna Mining Corporation | Asset acquisition | $10.0m | >> |
| 23/07/19 | Salt Lake Potash | Wiluna Mining Corporation | Asset acquisition | $3.0m | >> |
| 24/02/14 | Linc Energy | Salt Lake Potash | Asset acquisition | $4.0m | >> |
