Regina-China’s Zhongchuan International Mining Corp. is exploring some 96 square kilometers southeast of Saskatoon, according to the Canadian press, after having been granted exploration rights by the government in 2008. The site could reportedly garner some 3 million mt/y of potash if developed. Another Chinese company, Taiji Resources Ltd., also reportedly has Canadian mining rights. Last week, PotashCorp CEO and President Bill Doyle said a new 2 million mt/y greenfield mine would cost $4 billion and take seven years to production. Several others have their eye on a new mine in Canada, including mining giant BHP Billiton, whose chairman reportedly indicated last week that it still regards PotashCorp as “an opportunity” when asked if BHP is thinking of buying its way into the industry.
Transparency Across the Fertilizer Value-Chain