K+S on Track to Begin Producing at Legacy Mine in 2016

Potash Investing

MINING.com reported that K+S Potash Canada, a subsidiary of German giant K+S Group, will soon start production at its $4.1-billion Legacy solution mine in South Saskatchewan.

MINING.com reported that K+S Potash Canada, a subsidiary of German giant K+S Group, will soon start production at its $4.1-billion Legacy solution mine in South Saskatchewan.

As quoted in the market news:

The project was originally initiated by Potash One, which was acquired in 2010 by K+S, Europe’s No.1 producer of the fertilizer. Legacy is expected to start production by the end of 2016, ramping up to two million tonnes per year in 2017 and reaching full capacity of 2.86 million tonnes by 2023.

Sam Farris, vice president and general manager of operations for K+S’s Legacy project, stated:

This early cavern development (ECD) will result in the creation of about 55 caverns by the end of next year, which will enable K+S to ramp up production to two million tonnes per year by 2017.

Click here for the full MINING.com report

The Conversation (0)
×