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The Mosaic Company announced it is closing the K1 and K2 potash mine shafts in Esterhazy, effective immediately.
In a press release Friday, the company said the timeline of the closures was accelerated by nine months due to a recent increase in brine inflows. The mines were already scheduled for closure as part of the transition to the K3 mine shaft.
“The intention was always to close out K1 and K2, those mines have reached kind of the end of their mine life,” Sarah Fedorchuk, vice president of government and public affairs for North America at The Mosaic Company, said in a phone interview.
Fedorchuk said the closures will have no workforce impact, with K1 and K2 workers being transferred to K3.
Mosaic intends to resume production at the Colonsay potash mine and said it will be recalling workers as soon as “practical.”
“This restart will offset a portion of the production lost by the early closure of the K1 and K2 shafts at Esterhazy, and position the company to take advantage of the expected strong potash markets in 2022 and beyond,” Mosaic said in the release.
With the closures happening earlier than anticipated, Fedorchuk said the company is expecting a one million tonne shortfall from its original 2021 projections.
“There’s going to be a bit of a short term supply and demand issue with potash, but by this time next year K3 will be fully operational,” Fedorchuk said.
With Colonsay returning to service and the Esterhazy K3 ramping up to full capacity in the next year, Mosaic expects potash production could increase by two million tonnes from 2020 levels, by March 2022.
Mosaic has been managing brine inflow in Esterhazy since 1985 making it the longest a brine inflow has been managed in the history of the industry.
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5 am |
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| BROKEN CLOUDS |
WIND: SE 10 KM/H
GUSTING TO 15 KM/H |
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WIND: SE 11 KM/H
GUSTING TO 14 KM/H |
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7 am |
| 17 ℃ |
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WIND: SE 11 KM/H
GUSTING TO 20 KM/H |
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8 am |
| 18 ℃ |
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WIND: SE 13 KM/H
GUSTING TO 22 KM/H |
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9 am |
| 20 ℃ |
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WIND: SSE 13 KM/H
GUSTING TO 18 KM/H |
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10 am |
| 23 ℃ |
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WIND: SSE 13 KM/H
GUSTING TO 18 KM/H |
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| 25 ℃ |
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WIND: SSE 14 KM/H
GUSTING TO 21 KM/H |
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12 pm |
| 24 ℃ |
| OVERCAST CLOUDS |
WIND: S 13 KM/H
GUSTING TO 23 KM/H |
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TODAY |
HIGH OF 25 ℃
LOW OF 11 ℃ |
| VERY HEAVY RAIN |
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MONDAY |
HIGH OF 15 ℃
LOW OF 10 ℃ |
| MODERATE RAIN |
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HIGH OF 23 ℃
LOW OF 11 ℃ |
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HIGH OF 27 ℃
LOW OF 15 ℃ |
| SCATTERED CLOUDS |
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THURSDAY |
HIGH OF 25 ℃
LOW OF 16 ℃ |
| MODERATE RAIN |
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FRIDAY |
HIGH OF 31 ℃
LOW OF 16 ℃ |
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HIGH OF 31 ℃
LOW OF 19 ℃ |
| CLEAR SKY |
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SUNDAY |
HIGH OF 31 ℃
LOW OF 20 ℃ |
| LIGHT RAIN |
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JORDAN DAVIS
MEMORY DONT MESS AROUND
05:17 AM |
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JON LANGSTON
DIRT ROADS AND DIAMONDS
05:11 AM |
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DAVID JAMES
WHAT IF I DONT
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ALEX RUNIONS
SETTLING UP
05:04 AM |
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BROOKE EDEN
GIDDY UP
05:01 AM |
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DIERKS BENTLEY
TIP IT ON BACK
04:58 AM |
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PRISCILLA BLOCK
THINGS YOU DIDNT SEE
04:54 AM |
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DAN AND SHAY
BREAKIN UP WITH A BROKEN HEART
04:51 AM |
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MACKENZIE PORTER
NOBODYS BORN WITH A BROKEN HEART
04:48 AM |
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CHASE WRIGHT
FIND MYSELF
04:42 AM |
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