Nutrien to increase potash production in response to supply uncertainty
Nutrien plans to increase potash production capability to approximately 15 million t in 2022.
Nutrien plans to increase potash production capability to approximately 15 million t in 2022.
Brazil Potash Corp. has said that its executives have met with Brazilian Agriculture Minister Tereza Cristina Dias in Ottawa, Canada, and discussed increasing from 2.44 million tonnes to over 5 million tpy the output from its Autazes project in the Amazon.
The country's agriculture ministry said the ban would help "to maintain balance in the domestic market" and applied to nitrogen, phosphorus, potassium and complex fertilizers.
Brazil's Agriculture Minister Tereza Cristina Dias has said that Brazil has secured the support of Argentina, Bolivia, Chile, Paraguay and Uruguay for a proposal excluding fertilizer products that will be submitted to the United Nations' Food and Agriculture Organization.
The company is developing a facility to harvest potash and food-grade salt near Evart, Michigan, and says that American farmers could replace Russian fertilizer imports with long-term domestic supply produced in Michigan within the next 3.5 years.
By 4Q22, with the expansion of its Plant 2 facility, Verde expects to have raised its overall production capacity to 3 million tpy, becoming Brazil’s largest potash producer.
Core assay results from OHM-02 are expected to be received in approximately 4 weeks.
Interim Chief Executive Ken Seitz said Nutrien will boost potash production if it sees sustained supply problems in Russia and Belarus.
Construction of Pond 1 and the final phases of Mardie Village is underway at BCI Minerals' Salt & Potash Project on the Pilbara coast of Western Australia.
In total, the company is now permitted to extract up to 2.6 million tpy from Mine Pit 2 in Brazil alone.
Vantage Chance Limited will invest CAN$80 million into Western Potash Holdings Corp., which will be used in the completion of the Milestone Potash Project construction.
Highfield Resources has now signed purchase contracts for all of the Muga Potash Mine’s critical process plant equipment.
The company's CEO has told Reuters that Nutrien could boost potash production by up to 29% in coming years, depending on any sanctions facing rival producers in Russia and Belarus.
Lithuanian Railways has voted to stop transporting potash produced by Belarus state-owned potash producer Belaruskali unless it gets government approval to resume.
The award to Reminex enables the completion of the entire Project Basic Engineering.