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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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11 pm |
| 16 ℃ |
| SCATTERED CLOUDS |
WIND: N 12 KM/H
GUSTING TO 15 KM/H |
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12 am |
| 17 ℃ |
| SCATTERED CLOUDS |
WIND: NNE 10 KM/H
GUSTING TO 11 KM/H |
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1 am |
| 16 ℃ |
| SCATTERED CLOUDS |
WIND: NE 8 KM/H
GUSTING TO 9 KM/H |
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2 am |
| 15 ℃ |
| FEW CLOUDS |
WIND: N 8 KM/H
GUSTING TO 8 KM/H |
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3 am |
| 13 ℃ |
| SCATTERED CLOUDS |
WIND: NNW 9 KM/H
GUSTING TO 9 KM/H |
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4 am |
| 12 ℃ |
| SCATTERED CLOUDS |
WIND: N 9 KM/H
GUSTING TO 10 KM/H |
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5 am |
| 11 ℃ |
| BROKEN CLOUDS |
WIND: NNW 11 KM/H
GUSTING TO 15 KM/H |
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6 am |
| 10 ℃ |
| BROKEN CLOUDS |
WIND: NNW 12 KM/H
GUSTING TO 18 KM/H |
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TODAY |
HIGH OF 28 ℃
LOW OF 11 ℃ |
| OVERCAST CLOUDS |
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FRIDAY |
HIGH OF 27 ℃
LOW OF 10 ℃ |
| CLEAR SKY |
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SATURDAY |
HIGH OF 29 ℃
LOW OF 8 ℃ |
| BROKEN CLOUDS |
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SUNDAY |
HIGH OF 30 ℃
LOW OF 19 ℃ |
| OVERCAST CLOUDS |
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MONDAY |
HIGH OF 27 ℃
LOW OF 17 ℃ |
| MODERATE RAIN |
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TUESDAY |
HIGH OF 25 ℃
LOW OF 16 ℃ |
| BROKEN CLOUDS |
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WEDNESDAY |
HIGH OF 26 ℃
LOW OF 12 ℃ |
| CLEAR SKY |
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THURSDAY |
HIGH OF 27 ℃
LOW OF 16 ℃ |
| LIGHT RAIN |
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SOEVER
THIS TIME
11:54 PM |
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IN FLAMES
ALL THE PAIN
11:49 PM |
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ETCHED IN EMBERS
GOOD FRIENDS
11:43 PM |
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SPLIT CHAIN
SPIT
11:40 PM |
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FAITH IN FAILURE
TROUBLED TIMES
11:34 PM |
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ZZ TOP
FRANCINE
11:30 PM |
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SELF DECEPTION
SIREN SONG
11:27 PM |
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BRUCE SPRINGSTEEN
GLORY DAYS
11:24 PM |
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WE ARE THE EMPTY
MONSTER
11:20 PM |
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NOTHING MORE
DONT LOOK BACK
11:13 PM |
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