2022
BHP to speed up Jansen potash mine
May 18, 2022
BHP’s (ASX: BHP) chief executive Mike Henry wants to crunch the gears on the company’s US$5.7 billion Jansen potash project in Canada as Russia’s invasion of Ukraine has caused major disruptions to global fertilizer supplies. The ongoing war in Ukraine has left the world not only short of important grains but also fertilizers since neighbours Russia and Belarus account for almost 40% of global production. Belarus state-owned potash miner Belaruskali set off alarm bells mid-February by declaring force majeure on its contracts. This shook up a market that was already contending with soaring prices. Sanctions on Russia after invading Ukraine have made the situation worse. (Source: Canadian Mining Journal)
Potash Sector Sets New Records in Production and Sales in Saskatchewan
March 22, 2022
Lithuanian railways halts transport of Belarus potash
Jan 31, 2022
The board of state-owned Lithuanian Railways on Monday voted to stop transporting potash produced by Belarus state-owned potash producer Belaruskali unless it gets government approval to resume, the rail company said in a statement. Belaruskali, the world’s second-largest producer of the crop fertiliser which is a big cash earner for Belarus, was sanctioned by the United States last August, a year after a crackdown following a disputed presidential election which President Alexander Lukashenko said he won. (Source: Reuters)
Kore Potash expects completed Optimisation Study Report for Kola potash project
January 20, 2022
Kore Potash has said that the process to potentially finance the construction of the Kola potash project in the Republic of Congo is progressing in line with the Memorandum of Understanding (MoU) signed with the Summit Consortium in April 2021. The company has also said it expects to receive the Consortium’s financing proposal for the full construction cost of Kola 60 days after the successful completion of the Study. (Source: World Fertilizer)
2021
BHP greenlights Jansen potash project in Saskatchewan
August 17, 2021
BHP has approved $5.7 billion in capital expenditure for the Jansen Stage 1 potash project in Saskatchewan. Jansen S1 is expected to produce approximately 4.35 Mt/y of potash, and with the potential for further expansions. BHP Chief Executive Officer, Mike Henry, said: “This is an important milestone for BHP and an investment in a new commodity that we believe will create value for shareholders for generations.” (Source: International Mining)
BHP in talks with Nutrien on Jansen potash mine
May 26, 2021
BHP Group is in talks with Nutrien Ltd. about a potential partnership in Saskatchewan’s Jansen potash mine. The two companies are discussing multiple options, including Nutrien becoming the operator and selling the potash through its existing channels, or Nutrien taking a stake in the Jansen mine, according to people familiar with the matter. (Source: The Star Phoenix)
Emmerson receives mining licence for Morroco project
Feb 09, 2021
The Moroccan Ministry of Energy, Mines and Environment has granted potash developer Emmerson a mining licence for its wholly owned Khemisset potash project. The licence provides the company with the exclusive right to develop and mine the potash deposit, within the perimeter of the licence, in the Khemisset basin, ahead of the anticipated initiation of construction by the end of 2021. (Source: Mining Weekly)
ICL Completes Acquisition of Fertiláqua
Jan 07, 2021
ICL announced today it completed the acquisition of Fertiláqua, one of Brazil’s leading specialty plant nutrition companies, for $122 million, which includes the assumption of approximately $40 million of net debt. ICL expects to leverage Fertiláqua’s strong market presence and distribution capabilities to increase the sales of its organic fertilizers, controlled-released fertilizers and other specialty plant nutrition products to the Brazilian market. (Source: CISION PR Newswire)