ABR slashes costs at US borate project

ASX-listed American Pacific Borate and Lithium (ABR) is considering a lower cost development at its Fort Cady borate project, in Southern California.

A December definitive feasibility study (DFS) considered a three-phase construction, with Phase 1 to deliver some 82 000 t/y of boric acid and 36 000 t/y of sulphate of potash (SOP), at a development cost of $138.2-million.