Highfield Resources has secured a €56.9 million ($93.1 million) contract with Acciona Construcción for the civil works of its Muga Potash Project.
The contract aligns with budget projections from the updated Muga feasibility study.
CEO Ignacio Salazar reiterated that the company is prepared to start construction.
Financing discussions are advancing, positioning Muga to enhance the European potash supply.