Resumen de IM 2012 Round-ups: Potash
Germany-based potash producer K+S AG will invest C$3.25bn ($3.13bn) to produce 2m tpa potash from 2017 and reach 2.86m by 2023 at its Legacy potash project in Saskatchewan, Canada. This could be expanded to 4m tonnes by 2034.
Russian potash producer Uralkali is going through a number of developments to take advantage of the anticipated opportunities in the potash market. It will boost capacity by 80% during the next 10 years at its operations in the Ural Mountains of the Perm region in Russia, owing to its "confidence in underlying potash market dynamics," it said.
In August 2012, [Vale] announced it was to postpone its $3bn potash project in Saskatchewan. Construction of the company's 2.9m tpa potash mine was scheduled to begin towards the end of 2013 near Kronau, about 30km southeast of Regina.
