Agriculture Roundup for Friday June 10, 2022
MELFORT, Sask. — Nutrien said it is accelerating the ramp-up of its annual potash production capacity due to the uncertainty of supply from Eastern Europe.
The company said it plans to increase its potash production capacity to 18 million tonnes per year by 2025.
That represents an increase of more than five million tonnes of annual production, or 40 per cent, compared with its production in 2020.
Nutrien said it will hire and train about 350 people and invest in underground mining equipment, mine development, storage, and load out capacity.