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The Mosaic Company announced it is closing the K1 and K2 potash mine shafts in Esterhazy, effective immediately.
In a press release Friday, the company said the timeline of the closures was accelerated by nine months due to a recent increase in brine inflows. The mines were already scheduled for closure as part of the transition to the K3 mine shaft.
“The intention was always to close out K1 and K2, those mines have reached kind of the end of their mine life,” Sarah Fedorchuk, vice president of government and public affairs for North America at The Mosaic Company, said in a phone interview.
Fedorchuk said the closures will have no workforce impact, with K1 and K2 workers being transferred to K3.
Mosaic intends to resume production at the Colonsay potash mine and said it will be recalling workers as soon as “practical.”
“This restart will offset a portion of the production lost by the early closure of the K1 and K2 shafts at Esterhazy, and position the company to take advantage of the expected strong potash markets in 2022 and beyond,” Mosaic said in the release.
With the closures happening earlier than anticipated, Fedorchuk said the company is expecting a one million tonne shortfall from its original 2021 projections.
“There’s going to be a bit of a short term supply and demand issue with potash, but by this time next year K3 will be fully operational,” Fedorchuk said.
With Colonsay returning to service and the Esterhazy K3 ramping up to full capacity in the next year, Mosaic expects potash production could increase by two million tonnes from 2020 levels, by March 2022.
Mosaic has been managing brine inflow in Esterhazy since 1985 making it the longest a brine inflow has been managed in the history of the industry.
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2 am |
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WIND: SSE 18 KM/H
GUSTING TO 43 KM/H |
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3 am |
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| BROKEN CLOUDS |
WIND: SSW 17 KM/H
GUSTING TO 45 KM/H |
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4 am |
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WIND: E 10 KM/H
GUSTING TO 11 KM/H |
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WIND: E 17 KM/H
GUSTING TO 24 KM/H |
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6 am |
| 17 ℃ |
| LIGHT RAIN |
WIND: SE 23 KM/H
GUSTING TO 34 KM/H |
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7 am |
| 19 ℃ |
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WIND: SSE 24 KM/H
GUSTING TO 41 KM/H |
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8 am |
| 21 ℃ |
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WIND: SSE 26 KM/H
GUSTING TO 37 KM/H |
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9 am |
| 21 ℃ |
| BROKEN CLOUDS |
WIND: SSE 20 KM/H
GUSTING TO 24 KM/H |
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TODAY |
HIGH OF 26 ℃
LOW OF 16 ℃ |
| MODERATE RAIN |
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FRIDAY |
HIGH OF 28 ℃
LOW OF 14 ℃ |
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HIGH OF 36 ℃
LOW OF 19 ℃ |
| CLEAR SKY |
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HIGH OF 33 ℃
LOW OF 20 ℃ |
| FEW CLOUDS |
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MONDAY |
HIGH OF 27 ℃
LOW OF 15 ℃ |
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TUESDAY |
HIGH OF 30 ℃
LOW OF 18 ℃ |
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WEDNESDAY |
HIGH OF 34 ℃
LOW OF 20 ℃ |
| SCATTERED CLOUDS |
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THURSDAY |
HIGH OF 31 ℃
LOW OF 20 ℃ |
| LIGHT RAIN |
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APOC
STREAMLINE
02:34 AM |
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THE SCORE
ALARM
02:32 AM |
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QUEENS OF THE STONE AGE
WHAT THE PEEPHOLE SAY
02:28 AM |
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BLAME ME
FIRE FUEL AND SCARS
02:24 AM |
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AEROSMITH
RAG DOLL
02:20 AM |
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DAYS OF THE NEW
TOUCH PEEL AND STAND
02:13 AM |
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SAINT ASONIA
LET ME LIVE MY LIFE
02:10 AM |
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SKILLET
DESTROYER
02:06 AM |
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SEVEN HOURS AFTER VIOLET
GO
02:03 AM |
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MEMPHIS MAY FIRE
LEFT FOR DEAD
02:00 AM |
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