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South Harz Potash (ASX: $SHP) receives spatial planning assessment

Spatial Planning Assessment Approval for Ohmgebirge Potash Development


South Harz Potash Limited (ASX: $SHP) has received the Spatial Planning Assessment for its Ohmgebirge Potash Development, marking a significant milestone for the company's flagship asset within its 100%-owned South Harz Potash Project located in central Germany.

Executive Commentary on Spatial Planning Decision


This is an outstanding outcome from a transparent and well-administered process. The positive Spatial Planning decision provides a strong base for the future development of Ohmgebirge and speaks volumes to the constructiveness of the entire Thuringia region to new critical minerals development. It also validates the world-class environmental and sustainability features that we have incorporated into our Ohmgebirge operational planning, including zero surface waste piling, zero industrial water discharges, low impact mining practices, grid power utilization (supplied by +60% renewable sources) and a low overall surface footprint. We will now evaluate all accompanying conditions in more detail and seek to incorporate these requirements into our development planning, as appropriate, while proceeding into the second major stage of the Ohmgebirge permitting process. I would like to thank the VwA for their professionalism and timeliness. I would also like to thank all our people, lead ably by our Regional Director, Dr Babette Winter, for their diligence and responsiveness through the entire Spatial Planning process.

Summary of Spatial Planning Assessment and Future Outlook


South Harz Potash (ASX: $SHP) has successfully obtained the Spatial Planning Assessment for its Ohmgebirge Potash Development, demonstrating a significant step forward in the company's four-stage approval process under German law. The decision confirms the compatibility of the submitted site options with regional planning requirements and provides a strong foundation for the future development of the project. The company's commitment to environmental and sustainability features has been acknowledged, and it aims to incorporate the accompanying conditions into its development planning. With the long-term re-establishment of potash mining in the region, South Harz recognizes the importance of continuous communication with stakeholders and has established effective stakeholder communications over several years. The company's proactive approach and the positive Spatial Planning decision indicate a promising outlook for the development of the Ohmgebirge Potash Project in Germany.

SOUTH HARZ POTASH LTD
SHP | ASX | Materials
0.0130(+0%)
At close 05/07 (AEDT)
Market cap
$10.8M
Volume
1,372,413
DY Yield
0
PE Ratio
0
52 Week Range
0.007 - 0.042
1YR Return
N / A

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