Saskatoon-Canpotex Ltd., which has been looking for new port capacity for some time, said last week it is considering three options that could add 10 million mt/y of handling capacity. These include new facilities at Prince Rupert, B.C. or Cherry Point, Wash., or a further expansion to the existing Canpotex terminal in Vancouver. Canpotex is already expanding the Vancouver location to some 8.5 million mt. With this upgrade, due in 2010, Canpotex capacity will be 12 million mt/y. The new 10 million mt would be on top of that. Mosaic President Jim Prokopanko outlined the pros and cons of all three options. Vancouver is congested, but expandable. Prince Rupert would be one day closer to the Asian markets, but is served by only one rail line. Cherry Point would mean a border crossing, but the location can easily accommodate large vessels. The price tag for these options is put between $300-$500 million. In addition to its existing Vancouver terminal, Canpotex also has a facility in Portland, Ore.
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