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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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8 pm |
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WIND: NE 3 KM/H
GUSTING TO 3 KM/H |
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9 pm |
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WIND: SSE 5 KM/H
GUSTING TO 6 KM/H |
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10 pm |
| 11 ℃ |
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WIND: S 8 KM/H
GUSTING TO 8 KM/H |
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11 pm |
| 10 ℃ |
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WIND: SSW 11 KM/H
GUSTING TO 10 KM/H |
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12 am |
| 9 ℃ |
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WIND: SSW 12 KM/H
GUSTING TO 15 KM/H |
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1 am |
| 7 ℃ |
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WIND: SSW 12 KM/H
GUSTING TO 19 KM/H |
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2 am |
| 4 ℃ |
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WIND: SW 9 KM/H
GUSTING TO 10 KM/H |
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3 am |
| 3 ℃ |
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WIND: SW 3 KM/H
GUSTING TO 5 KM/H |
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TODAY |
HIGH OF 13 ℃
LOW OF -5 ℃ |
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FRIDAY |
HIGH OF 19 ℃
LOW OF 2 ℃ |
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HIGH OF 14 ℃
LOW OF 9 ℃ |
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HIGH OF 20 ℃
LOW OF 6 ℃ |
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HIGH OF 7 ℃
LOW OF 1 ℃ |
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HIGH OF 8 ℃
LOW OF -1 ℃ |
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HIGH OF 13 ℃
LOW OF 1 ℃ |
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THURSDAY |
HIGH OF 18 ℃
LOW OF 7 ℃ |
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AD INFINITUM
SURRENDER
08:39 PM |
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TIM MONTANA
DIE TODAY
08:36 PM |
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21 TO BURN
WAIT AND SEE
08:32 PM |
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THE STEVE MILLER BAND
JET AIRLINER
08:29 PM |
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DOMINUM
DONT GET BITTEN BY THE WRONG ONES
08:26 PM |
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VICIOUS RAIN
THE DEVIL AND LOVERS
08:22 PM |
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STARSET
DEGENERATE
08:18 PM |
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TREMONTI
ANOTHER HEART
08:11 PM |
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SHINEDOWN
CUT THE CORD
08:07 PM |
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THY WITNESS
KITA DAYIN
08:02 PM |
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