# Highfield Resources awards €48M decline contract for Muga potash project

Highfield Resources signed a €48 million agreement with EPOS-TUNELAN joint venture to construct declines and underground mining infrastructure for the Muga-Vipasca potash project in Spain.

- Type: Contract
- Announced: 2024-03-12
- Where: Spain, Spain
- Value: $52.5M (48.0M EUR)
- Status: announced
- Products: potash, muriate of potash
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Highfield Resources](https://endata.com/companies/76199.md)
- [EPOS-Empresa Portuguesa de Obras Subterráneas S.A.](https://endata.com/companies/76200.md) (supplier)
- [TUNELAN-Obras Subterráneas S.A.](https://endata.com/companies/76201.md) (supplier)

## Sources

- [im-mining.com](https://im-mining.com/2024/03/12/highfield-resources-engages-epos-tunelan-joint-venture-for-muga-potash-decline-work/), 2024-03-12: "The value of the decline contract is €48 million ($52.5 million) which represents 11% of the phase 1 capital expeniture of €449 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.