Nutrien's Cory potash mine. (Nutrien)

By CKOM News

POTASH

No immediate return to potash production capacity after strike end: Nutrien

Jul 14, 2023 | 4:11 PM

A tentative agreement in the strike affecting B.C. port workers has those people back on the job, but the impact on Saskatchewan will last a bit longer.

As a result of the strike, Nutrien announced Tuesday that production capacity at its Cory potash mine southwest of Saskatoon would be reduced.

The company said in a statement the curtailment was due to the loss of export capacity through Canpotex’s Neptune Terminal in B.C.

Its recovery is not expected to be swift. In a release Friday, the company said it expects it will “take a period of time” for the supply chain to recover from the disruption of the strike.

Nutrien has announced it expects its revenue to be lower than expected this year as a result of the impact of the strike.

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Saskatchewan is responsible for producing about 30 per cent of the world’s potash.