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Karnalyte Resources Inc T.KRN

Alternate Symbol(s):  KRLTF

Karnalyte Resources Inc. is a Canada-based development stage company. The Company is engaged in the exploration and development of its property and possible construction of a production facility and development of a potash mine. It is focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. The Company owns the construction ready Wynyard Potash Project, with planned phase I production of 625,000 tonnes per year (TPY) of high-grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. The Company is also exploring the development of the Proteos Nitrogen Project, which is a proposed small scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (MTPD) of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.


TSX:KRN - Post by User

Post by patospoweron Jun 10, 2021 11:07am
273 Views
Post# 33362350

Nutrien to increase potash production 500k tonnes rest of yr

Nutrien to increase potash production 500k tonnes rest of yrNutrien to boost potash output on strong global demand

Strong potash demand, increased potash pricing, etc. The financing package was all figured out and ready to be signed but was shelved because only this component was thought missing. Time to send the shovels to the dirt?
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