Thailand has ordered the long-awaited Asia Pacific Potash Corp. to accelerate its mine project in Udon Thani province, according to bne IntelliNews. The government has been working to overcome local and environmental concerns about the project, which is tentatively scheduled to begin production in three years.
The news comes only a few weeks after Thailand’s Prime Minister Srettha Thavisin asked three potash mining companies to accelerate project development or risk losing concessions (GM Nov. 10, p. 32). The concessionaires are Asia Pacific Potash Corp., ASEAN Potash Chaiyaphum Plc, and Thai Kali Co.
“Three concessionaires have already been picked, but they have yet to begin the mining and need to be rushed,” he was quoted as saying. “In case they cannot begin [anytime soon], a new selection of concessionaires will be conducted.”