Core Viewpoint - Agrimin has decided to withdraw from the Mackay potash project in Western Australia after a strategic review, concluding that further investment does not align with the best interests of the company and its shareholders [1][2]. Group 1: Strategic Review Findings - The strategic review identified several factors influencing the decision, including a lengthy approval process despite receiving environmental approval, rising inflation in the mining sector, and substantial financial challenges related to tenement rents and shire rates for over 3,000 km² of land [2]. - No third-party offers for purchasing or funding the project were received during the review, leading to the decision to exit the project and surrender exploration licenses covering most of the brine-hosted potash minerals [3]. Group 2: Environmental and Regulatory Obligations - Agrimin aims to fulfill its environmental and native title obligations, engaging in ongoing rehabilitation activities in consultation with native title holders, and will begin discussions to responsibly conclude the Native Title Mining Agreement associated with the project [4]. Group 3: Future Focus and Investments - The company is shifting its focus towards exploring non-potash minerals in the West Arunta region while retaining segments of its exploration licenses with untapped potential [4]. - Agrimin is also considering expanding its presence in other mineral-rich areas across Australia and holds a 40% stake in Niobium Holdings, which owns approximately 11% in WA1 Resources, as well as a 27% shareholding in Tali Resources [5].