Market Brief
Mosaic to Idle Potash Production at Colonsay Mine, an Industrial Info Market Brief
The Mosaic Company announced the temporary idling this week of its potash mine in Colonsay, Saskatchewan.
Released Friday, August 09, 2019
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The Mosaic Company announced the temporary idling this week of its potash mine in Colonsay, Saskatchewan. Mosaic said unprecedented wet weather in the Midwest hurt spring fertilizer sales. The company's low-cost Esterhazy K3 project has produced more than 400,000 tons of potash ore during the first part of the year, which has enabled Mosaic to curb production at its higher-cost Colonsay site.
The Colonsay facility has a design capacity of 2.6 million tons per year and produces muriate of potash (MOP) in two grades: granular and standard.
Industrial Info is tracking more than $4 billion worth of Mosaic projects in North America. Click here for the list of projects.
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