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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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6 pm |
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WIND: NNW 23 KM/H
GUSTING TO 26 KM/H |
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7 pm |
| 24 ℃ |
| SCATTERED CLOUDS |
WIND: N 22 KM/H
GUSTING TO 24 KM/H |
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8 pm |
| 23 ℃ |
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WIND: NNE 19 KM/H
GUSTING TO 32 KM/H |
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9 pm |
| 22 ℃ |
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WIND: NE 15 KM/H
GUSTING TO 31 KM/H |
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10 pm |
| 19 ℃ |
| SCATTERED CLOUDS |
WIND: NE 13 KM/H
GUSTING TO 26 KM/H |
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11 pm |
| 14 ℃ |
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WIND: NE 11 KM/H
GUSTING TO 18 KM/H |
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12 am |
| 10 ℃ |
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WIND: ENE 11 KM/H
GUSTING TO 16 KM/H |
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1 am |
| 10 ℃ |
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WIND: E 10 KM/H
GUSTING TO 11 KM/H |
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TODAY |
HIGH OF 25 ℃
LOW OF 8 ℃ |
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SUNDAY |
HIGH OF 22 ℃
LOW OF 9 ℃ |
| MODERATE RAIN |
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MONDAY |
HIGH OF 22 ℃
LOW OF 8 ℃ |
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TUESDAY |
HIGH OF 22 ℃
LOW OF 13 ℃ |
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WEDNESDAY |
HIGH OF 22 ℃
LOW OF 13 ℃ |
| LIGHT RAIN |
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THURSDAY |
HIGH OF 24 ℃
LOW OF 9 ℃ |
| FEW CLOUDS |
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FRIDAY |
HIGH OF 19 ℃
LOW OF 14 ℃ |
| LIGHT RAIN |
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SATURDAY |
HIGH OF 24 ℃
LOW OF 13 ℃ |
| BROKEN CLOUDS |
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GREEN DAY
STAY YOUNG
06:58 PM |
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MEMPHIS MAY FIRE
INFECTION
06:55 PM |
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SMASH INTO PIECES
HEROES ARE CALLING
06:52 PM |
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THEORY OF A DEADMAN
LIVIN MY LIFE LIKE A COUNTRY SONG
06:49 PM |
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HALO DEBRIS
THE WORST
06:42 PM |
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I SEE STARS
DRIFT
06:39 PM |
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LIFE AFTER LAST
TAKE THE CROWN
06:36 PM |
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CHRISTIAN GISONDI
HOMICIDE
06:32 PM |
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ICE NINE KILLS
TWISTING THE KNIFE
06:29 PM |
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SEVENDUST
WHAT YOU ARE
06:25 PM |
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