Vancouver-Potash One Inc. said Oct. 7 that it remains committed to the rapid development of the Legacy Project despite the world financial crisis. The company reiterated that the fundamentals for a greenfield potash solution mining opportunity in Saskatchewan continue to be strong. It said that the solution mining approach to potash production provides many benefits, not the least of which are lower capital cost to production, shorter timeline to production, and significantly reduced technical risk in mining when compared to conventional potash mining techniques. It added that the company has sufficient funds to meet its corporate objectives for 2008 and 2009. Potash One said it is building a world-class technical team for the development of the project.
Transparency Across the Fertilizer Value-Chain