Vancouver-Potash One reports that it has commenced work on a full feasibility study for its Legacy potash solution-mining project in southern Saskatchewan. The company said it has re-engaged SNC-Lavalin Inc., Montreal, to complete the study in cooperation with Potash One and other specialized consultants, which include Whiting Equipment Canada, Inc., a leading provider of evaporator and crystallizer technology to the potash industry. With an expected completion date of mid-2010, the study will provide a comprehensive overview of all aspects of the project, including land and mineral rights, processing, transportation and logistics, port space options, a detailed market analysis, and refined capital and operating cost estimates, along with financial performance metrics. “The initiation of our Feasibility Study is a continuation of the Company’s long-term strategic plans for the Legacy project to become the first new greenfield potash mine in Saskatchewan in over 40 years,” said Paul Matysek, Potash One president and CEO. “Our management team has a proven track record for timely delivery and rigorous execution of our project development plans, and the completion of this final phase will position us head and shoulders above any other planned greenfield project in Canada in terms of a thorough independent evaluation and clear development path.”
Transparency Across the Fertilizer Value-Chain