China’s leading potash producer Qinghai Salt Lake Co., Ltd. announced that it will cut its ex-factory price of potash fertilizer by about 10 percent from its average sales price of 3,670 yuan/ton in 2008. For full story, click here
Salt Lake Potash Co. Ltd, a resource company in northwest Qinghai province, declared that the most generous company in both markets with a dividend of 1.283 billion yuan or 1.672 yuan per share before tax. The payout accounts for 94.06 percent of its 2008 profit. Huang Junjie, an analyst from China Jianyin Investment Securities, stated: [...]
Great Salt Lake Mineral has got the approval of $153,638 to increase employment at its facility west of Ogden. The company spokesman Dave Hyams, said: Right now, they’re investing about $40 million in upgrades and new equipment, and that is creating new jobs. For full story, click here
Lake Chandler could be mined for potash again. The lake was mined for potash in the 1940s during a period of scarce resources after World War II but the processing operation was stopped on account of lack of equipment and fuel. Queensland based explorer ActiveEX is now focusing on its potash project at Lake Chandler [...]
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