TORONTO (miningweekly.com) – Saskatchewan-based potash project developer Karnalyte Resources on Monday announced it has appointed Whiting Equipment Canada for the engineering and design of evaporators, potash crystallisers and auxiliary equipment at the company’s planned solution-mining facility, located near Wynyard.
"Whiting and its sister company Swenson are recognised leaders in the development and engineering of potash processing equipment and methodologies, with extensive Canadian and international experience. The signing of this agreement, paired with an expected project finance facility of up to $300-million, represents a significant step towards construction of the first phase of our planned potash plant,” president and CEO Robin Phinney said.
Under the terms of the agreement, Whiting would provide engineering and design services related to the significant equipment components used in Karnalyte's planned potash processing operations.
Karnalyte on Friday said it had engaged financial services providers BNP Paribas and Natixis (New York) as lead arrangers to underwrite project financing to the value of $300-million to be used to fund the construction and commissioning of the Wynyard carnallite project.