Potash Ridge Engages Migao for Procurement and Technical Support Services

Potash Investing

Potash Ridge (TSX:PRK) has announced a multi-faceted cooperative relationship with Migao for the development and operation of Potash Ridge’s Valleyfield sulphate of potash fertilizer project in Quebec. As quoted in the press release: Migao, a leading sulphate of potash (“SOP”) producer with 320,000 tonnes per year of production capacity across China, has agreed to provide …

Potash Ridge (TSX:PRK) has announced a multi-faceted cooperative relationship with Migao for the development and operation of Potash Ridge’s Valleyfield sulphate of potash fertilizer project in Quebec.
As quoted in the press release:

Migao, a leading sulphate of potash (“SOP”) producer with 320,000 tonnes per year of production capacity across China, has agreed to provide technical, construction, commissioning, operations, and maintenance support services to Valleyfield for its 40,000 tonne-per-year SOP project. Migao will be responsible to procure equipment sourced in China and provide performance guarantees on all such equipment.
Migao’s technical, procurement, construction and commissioning support will complementValleyfield’s previously announced engineering program through an Engineering, Procurement and Construction agreement.
“Having a partnership with Migao significantly de-risks the project from the design phase through to operations utilizing their 20 years of development and operational expertise to ensure best of class design, construction, and operations,” said Guy Bentinck, Potash Ridge’s President and CEO. “We are fortunate to be able to benefit from the long standing relationship between Migao and the founder of Valleyfield Fertilizer to ensure best of class technology for our Quebec-based project.”

Click here to read the full press release.

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