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Emmerson PLC reports CAPEX reduction for Khemisset project by using Port of Casablanca

Emmerson Plc's (LON:EML) Hayden Locke updates Proactive London on developments at their flagship Khemisset potash project in Northern Morocco.

He says they've selected the Port of Casablanca - one of the largest ports in Africa, equipped to handle larger vessels with higher loading rates.

Locke adds that the port infrastructure pre-production capital cost has reduced from US$7.5mln in the Scoping Study to zero in the feasibility study.

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Price: 3.6 GBX

LSE:EML
Market: LSE
Market Cap: £24.7 m
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