SASKATOON – K+S Potash Canada and Canadian Pacific have signed a long-term deal to transport potash from the Legacy mine site.
Under the exclusive agreement, CP will move potash from the site to a western Canadian port for overseas export and to domestic and U.S. markets.
Get weekly money news
“Canadian Pacific offers an excellent logistics service and we are looking forward to this long-term partnership,” said Ulrich Lamp, president and CEO of K+S Potash.
- IBC estimates $230M in insured damage claimed from Edmonton storms
- Alberta First Nation sues Ottawa over $5 treaty annuity, argues amount stuck in 1899
- Jobs hang in the balance as Ekati diamond mine in N.W.T. closing early
- WestJet flight attendants hold information pickets as strike vote takes place
CP says a new rail spur will be built in order to accommodate transportation from the site.
Production from the mine located near Bethune, Sask. is planned to start in the summer of 2016.
Comments
Want to discuss? Please read our Commenting Policy first.