Saturday, October 16, 2021
Finance

SLP adds energy services, finance expertise to team

energy services

The company’s process plant at the Lake Way SOP Project in Western Australia was recently issued with a Practical Completion certificate from GR Engineering Services

Salt Lake Potash Ltd has added energy services and finance experience to its team with the appointment of Stuart Fraser as its chief financial officer (CFO).

Fraser has lived in the US, France, Switzerland and Indonesia in senior finance roles for the past 25 years which included 19 years at Schlumberger, a leading provider of technology and services to the energy industry.

Most recently he was chief accounting officer of Weatherford International, a leading wellbore and production energy solutions company with revenues of US$3.7 billion. He also served as a non-executive officer of Weatherford and on the board of the Weatherford Foundation.

Fraser will assume responsibilities from acting CFO Grant Coyle, who has accepted another role as managing director of a resources company.

Managing director and CEO Tony Swiericzuk said: We are very pleased to welcome Stuart to SO4 and are confident his extensive experience in global energy services businesses will be a significant asset to the company.

I would like to thank Grant for his contribution to the business and wish him well in his future endeavours, he said.

The company’s process plant at the Lake Way SOP Project in Western Australia (WA) was recently issued with a Practical Completion certificate from GR Engineering Services.

The plant handover to the Salt Lake Potash operations team is now complete.

Plant commissioning work continues, with the first sulphate of potash (SOP) product expected in the weeks ahead. Commissioning activities continued throughout June with all sub-systems that comprise the plant having been individually commissioned.

Fine-tuning of the flotation circuit is continuing with the initial product expected in the weeks ahead.

Lake Way will be the first producing asset within the company’s project portfolio. The project will produce 245,000 tonnes per annum of premium SOP once it is ramped up.

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