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.

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Karnalyte Resources Inc > Kudos to the corporation for webcasting

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Comment by bigkaganon Jun 19, 2022 10:17pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Kudos to the corporation for webcasting

They should build a mine for Mg and not potash because there will be an oversupply of potash soon due to these 2 new mines plus the impending huge BHP mine in SK

 	In building the world’s largest potash mine in Saskatchewan, BHP pivots away from oil and gas

 		When construction is complete and the mine goes into operation – scheduled for 2026 – Jansen, near George Gordon First Nation, will supply 25% of the world’s potash.

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