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Karnalyte Eyes Jump in Size of Potash Resource
Apr. 01, 2011 06:16PM PST
Potash InvestingReuters reported that Karnalyte Resources (TSE:KRN) sees an increase in potash resources at Wynard, Saskatchewan.
Reuters reported that Karnalyte Resources (TSX:KRN) sees an increase in potash resources at Wynard, Saskatchewan.
The market news is quoted as saying:
Initially, the company plans to build a C$410 million ($427 million) facility that can produce 500,000 tonnes of potash annually through a technique know as solution mining. Eventually, it plans to expand annual capacity to 2 million tonnes.