March 16 (Reuters) - Australian Potash Ltd APC.AX :
* ANNOUNCES SIGNING OF FIRST BINDING TERM SHEET WITH TIER 1 PARTNER REDOX PTY LTD
* BINDING TERM SHEET WITH REDOX FOR SUPPLY OF 20,000 TONNES PER ANNUM OF PREMIUM K-BRITETM SULPHATE OF POTASH
March 16 (Reuters) - Australian Potash Ltd APC.AX :
* ANNOUNCES SIGNING OF FIRST BINDING TERM SHEET WITH TIER 1 PARTNER REDOX PTY LTD
* BINDING TERM SHEET WITH REDOX FOR SUPPLY OF 20,000 TONNES PER ANNUM OF PREMIUM K-BRITETM SULPHATE OF POTASH