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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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9 pm |
| 15 ℃ |
| SCATTERED CLOUDS |
WIND: ESE 24 KM/H
GUSTING TO 44 KM/H |
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10 pm |
| 15 ℃ |
| FEW CLOUDS |
WIND: SE 27 KM/H
GUSTING TO 52 KM/H |
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11 pm |
| 15 ℃ |
| SCATTERED CLOUDS |
WIND: SE 30 KM/H
GUSTING TO 59 KM/H |
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12 am |
| 14 ℃ |
| SCATTERED CLOUDS |
WIND: SSE 33 KM/H
GUSTING TO 63 KM/H |
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1 am |
| 13 ℃ |
| BROKEN CLOUDS |
WIND: SSE 33 KM/H
GUSTING TO 64 KM/H |
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2 am |
| 11 ℃ |
| BROKEN CLOUDS |
WIND: SSE 32 KM/H
GUSTING TO 63 KM/H |
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3 am |
| 10 ℃ |
| OVERCAST CLOUDS |
WIND: SSE 33 KM/H
GUSTING TO 65 KM/H |
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4 am |
| 12 ℃ |
| OVERCAST CLOUDS |
WIND: SSE 30 KM/H
GUSTING TO 57 KM/H |
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TODAY |
HIGH OF 21 ℃
LOW OF 1 ℃ |
| FEW CLOUDS |
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MONDAY |
HIGH OF 24 ℃
LOW OF 9 ℃ |
| LIGHT RAIN |
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TUESDAY |
HIGH OF 21 ℃
LOW OF 9 ℃ |
| CLEAR SKY |
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WEDNESDAY |
HIGH OF 27 ℃
LOW OF 12 ℃ |
| SCATTERED CLOUDS |
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THURSDAY |
HIGH OF 27 ℃
LOW OF 18 ℃ |
| OVERCAST CLOUDS |
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FRIDAY |
HIGH OF 24 ℃
LOW OF 13 ℃ |
| MODERATE RAIN |
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SATURDAY |
HIGH OF 24 ℃
LOW OF 15 ℃ |
| LIGHT RAIN |
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SUNDAY |
HIGH OF 15 ℃
LOW OF 4 ℃ |
| LIGHT RAIN |
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MOTLEY CRUE
CANCELLED
09:37 PM |
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REDEFIND
THIS IS FINE
09:33 PM |
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DYING OATH
ODYSSEY
09:29 PM |
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THE MOTORLEAGUE
NORTH AMERICA
09:25 PM |
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RESOLVE
MOLOTOV
09:22 PM |
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HOLLOW SKIES
MIDNIGHT CONFESSIONS
09:19 PM |
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AVENGED SEVENFOLD
CARRY ON
09:12 PM |
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PEARL JAM
LIGHTNING BOLT
09:08 PM |
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THE PRETTY RECKLESS
LOUD LOVE
09:02 PM |
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ACDC
WHAT DO YOU DO FOR MONEY HONEY
08:58 PM |
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