Breeding sth huge?So now the big Procon is on board to build a 150kt yearly potash mine? Two chinese banks, fertilizer trader and shipping companies? Western has still Dr. Wood on board and the mineral rights from Rio Acron and there isYancaol:
Chinese company buys potash properties near Regina
A Chinese firm has bought eight potash exploration sites near Regina for $110 million.
China-based Yancoal Canada Resources Co. Ltd. bought the properties from North Atlantic Potash Inc., the latter revealed on Friday. North Atlantic is itself the Canadian subsidiary of Russian fertilizer company JSC Acron.
North Atlantic CEO David Waugh said the sale allows the company "to substantially increase" its exploration of other sites in Saskatchewan.
North American Potash began a partnership with a major international mining company, Rio Tinto PLC, only a few days ago.
"North Atlantic Potash has moved quickly to prioritize and maximize the potential of its potash permits in Saskatchewan," company president Arie Zuckerman said Friday in a release.
"After a successful closure of an important JV with RioTinto, this deal positions North Atlantic as a central player in the emerging potash development arena," Zucherman said.
https://www.cbc.ca/news/canada/saskatchewan/chinese-company-buys-potash-properties-near-regina-1.1016417
Dr. Wood has extensive potash solutions mining, process and project management experience with two large multi-national mining companies, most recently in Saskatchewan. He joins the company to lead the project team that will move the Milestone Potash Project into production.
Dr. Wood is the former President of Vale Potash Canada Limited, and Senior Project Leader of Vale’s Kronau Project near Regina in Saskatchewan. He led the Geology and Drilling, Solution Mining, Land Environment and Community and Operational Readiness teams during the final Feasibility Study of the solution mining plant. He also led the design of the solution mining and wellfields both for Kronau Project, and Potasio Rio Colorado (PRC) in Argentina. Dr. Wood’s contacts, experience and knowledge of Saskatchewan will be of particular benefit to the Milestone Project.
https://www.westernpotash.com/company/management/matthew-wood
Mosaic has agreed to acquire Vale's Kronau potash project, in Canada.
[url]https://www.mining.com/vale-to-sell-fertilizer-business-to-mosaic-for-2-5-billion/[/url]
Any ideas?