Potash, a general term that refers to potassium fertilizers used in agriculture, is a naturally occurring element that is concentrated mainly in the northern hemisphere, though it is found in areas of the southern hemisphere as well.
Renewed Chinese and Indian potash contracts are building confidence in the potash market. Which projects will help supply future demand is still an open question as companies rush to bring supply online.
Karnalyte's recent deal could be one of many this year as junior potash projects are likely to be a key component of emerging Asian economies' efforts to lock down long-term, stable supplies of potash.
With wide-eyed ambition, BHP Billiton hopes its Jansen project will change the potash industry. But not everyone agrees.
Winnipeg Free Press reported that K+S (ETR:SDF) has begun construction on a new potash mine in Saskatchewan.
The Globe and Mail reported that a potential delay of BHP's (NYSE:BHP) Jansen potash mine could affect Saskatchewan's economy.
CKOM Newstalk 650 reported that BHP's (NYSE:BHP) Chief Executive Andrew MacKenzie is emphasizing the potential in Saskatchewan's potash industry.
Canada’s potash reserves are world famous, but their role in the decline of the country’s economic growth is nothing to brag about. Few realize just how big a part of Canada’s economy the Saskatchewan potash industry really is.
The Australian reported that Potash Corp. (NYSE:POT) thinks Saskatchewan's Jansen potash project may be slated for delays.
Encanto Potash Corp. (TSXV:EPO,OTCQX:ENCTF) announced it has filed a technical report on its Saskatchewan-based Muskowekwan potash project.
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