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Migao Corporation, EuroChem Join Forces for Potash Production in China
Migao Corporation (TSX:MGO) announced that they intend to create a joint venture with EuroChem for production of up to 60,000 tonnes of potassium nitrate and up to 200,000 tonnes of chloride-free NPK fertilizers in Yunnan in China.
Migao Corporation (TSX:MGO) announced that they intend to create a joint venture with EuroChem for production of up to 60,000 tonnes of potassium nitrate and up to 200,000 tonnes of chloride-free NPK fertilizers in Yunnan in China.
As quoted in the press release:
EuroChem and Migao Corporation plan to begin the construction of a plant in 2013 and launch production in 2014.
To view the whole press release, click here.
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