TSX:WPX - Post Discussion
Post by
thairat on Jan 19, 2017 1:03pm
India - Encanto Deal Signed
Vancouver junior inks $1 billion a year potash deal
Encanto Potash Corp. (CVE:EPO) on Wednesday announced the finalization of a blockbuster agreement with India's national farmers co-operative to supply a minimum of 5 million tonnes of potash per year for the next twenty years..
Encanto also has an agreement with Metal Mineral Trading Co. of India, a state-owed trading agency to supply 2 million metric tonnes of MOP annually. Encanto plans to source potash from existing producers pending the commercialization of its Muskowekwan project.
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