Saskatchewan Mining and Minerals' upgraded facility in Chaplin is expected to produce 150 000 metric tpy of sulfate of potash, which will be sold to North American and international markets.
Highfield Resources has delivered a positive report from the environmental department of Aragón regarding the Muga potash project to the mining authorities of Madrid, Aragón and Navarra.
The company recorded net income of US$157 million, or US$0.41 per share, for 1Q21.
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Mayo Schmidt succeeds Chuck Magro, who is stepping down from his management and Board role at the company to pursue new opportunities.
The company has received Green Loan verification for the debt issued to partly fund the development of the Lake Wells sulfate of potash project.
Building on the Feasibility Study, the company has completed a concept study to examine the potential to develop Khemisset using a four-phased approach to reduce upfront capital costs and execution risk, and plan additional expansion stages to ensure that its economic value is fully developed.
Compass Minerals will sell substantially all assets related to the company’s Wolf Trax®, Rocket Seeds® and Hydro Bullet™ micronutrient product lines to Koch.
The new price is US$280/t on CFR terms, compared to US$247/t when the contract was first signed in January 2021.