Asean-Potash Mining, a Laos-China joint venture, on June 24 signed a framework agreement with Thailand’s K.C. Salt International Co. Ltd. on supply and marketing cooperation. Under the agreement, Asean-Potash will supply from its Laos mining operation more than 200,000 mt of granular potash to the KP group under the one-year contract.
Asean-Potash said the agreement marks its first sales debut in the Thai market. The potash producer also reported that it had achieved a potash output of 5,728 mt/d as of May 19, and reports it now has nameplate production capacity of some 2 million mt/y of KCl at its operation in Khammouane province, 350 kilometers from Laos’ capital, Vientiane.