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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 pm |
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WIND: S 11 KM/H
GUSTING TO 8 KM/H |
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6 pm |
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WIND: SSE 7 KM/H
GUSTING TO 8 KM/H |
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7 pm |
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WIND: E 11 KM/H
GUSTING TO 15 KM/H |
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8 pm |
| 21 ℃ |
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WIND: E 12 KM/H
GUSTING TO 18 KM/H |
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9 pm |
| 19 ℃ |
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WIND: ESE 12 KM/H
GUSTING TO 13 KM/H |
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10 pm |
| 17 ℃ |
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WIND: ESE 12 KM/H
GUSTING TO 15 KM/H |
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11 pm |
| 15 ℃ |
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WIND: SE 12 KM/H
GUSTING TO 16 KM/H |
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12 am |
| 14 ℃ |
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WIND: SE 12 KM/H
GUSTING TO 15 KM/H |
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TODAY |
HIGH OF 23 ℃
LOW OF 12 ℃ |
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SATURDAY |
HIGH OF 23 ℃
LOW OF 12 ℃ |
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HIGH OF 23 ℃
LOW OF 15 ℃ |
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MONDAY |
HIGH OF 25 ℃
LOW OF 15 ℃ |
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TUESDAY |
HIGH OF 20 ℃
LOW OF 12 ℃ |
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WEDNESDAY |
HIGH OF 22 ℃
LOW OF 13 ℃ |
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THURSDAY |
HIGH OF 33 ℃
LOW OF 15 ℃ |
| CLEAR SKY |
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FRIDAY |
HIGH OF 36 ℃
LOW OF 20 ℃ |
| CLEAR SKY |
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THE REKLAWS
ONE BEER AWAY
05:32 PM |
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DYLAN MARLOWE
DEER ON THE WALL
05:29 PM |
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TENILLE TOWNES
HOME TO ME
05:25 PM |
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LUKE COMBS
TAKE YOU WITH ME
05:22 PM |
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THOMAS RHETT
BEAUTIFUL AS U
05:19 PM |
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RUSSELL DICKERSON
GOOD DAY TO HAVE A GREAT DAY
05:16 PM |
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JADE EAGLESON
HONKY TALKIN
05:13 PM |
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MIRANDA LAMBERT
I DONT LOVE HERE ANYMORE
05:09 PM |
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BRANDON DAVIS
DONT HOLD ME TO IT
05:06 PM |
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CHRIS JANSON
OUTLAW SIDE OF ME
05:02 PM |
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