The offtake agreement is for 500 000 tpy of potash, while the marketing agreement is to sell Brazil Potash's remaining 1.9 million tpy of potash.
The potash development company has signed a Heads of Agreement with Electric Power Construction Corporation to construct Kola.
After closing financing deals with Appian Capital and Vantage Chance in May, the project kicked off with key contractors in mid-June, with mobilisations now occurring at the site.
The Tugaske Project is the first modular, vertically integrated, and environmentally sustainable potash production facility proposed to be constructed on Gensource’s mineral leases in its Vanguard Area.
Emmerson Plc has announced that it is in the process of assessing a conceptual, staged development for its 100% owned Khemisset potash project.
Intrepid Potash has increased its agricultural pricing for potash by US$50/t at all locations and on all new orders.
Gensource Potash Corp., a fertilizer development company focused on sustainable potash production, has announced the appointment of its new Project Adviser.
Emmerson Plc has received the mining licence (ML) for its 100% owned Khemisset potash project from the Moroccan Ministry of Energy, Mines and the Environment.
Nutrien Ltd has announced that it is fully aligned with Canpotex’s view that the new price agreed between Indian Potash Ltd (IPL) and Belarusian Potash Co. (BPC) is significantly below market price levels for potash in key offshore markets.