The long view for Prairie potash operations--Mosaic continues with expansion plans

摘要

The recent ups and downs of the market have tested the producer, but the company is pushing ahead to add capacity at its three mines. The calculation is simple: potassium helps grow the food that feeds the growing global population. And so Mosaic grows. When it comes to potash mines, is there such a thing as too big? That question is still open for discussion, according to The Mosaic Company one of the world's premier potash producers. Mosaic's Esterhazy Mine, located near Esterhazy, Saskatchewan, is already the largest potash mine in the world, with an annual capacity of 5.3 million tonnes. But in expectation of increasing demand, Mosaic has undertaken a series of expansion projects at the mine, which will see it reach new record-setting production levels by 2020.