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Potash News

South Africa must reform its regulatory environment, make itself investor-friendly – simple  

By: Martin Creamer     26th May 2022 South Africa must reform its regulatory environment and make itself investor-friendly – simple. That is the straight-forward view of Dr Mathews Phosa, who was speaking to Mining Weekly in his capacity as the non-executive vice-chairperson of the high-flying Jubilee Metals Group plc, a London Aim-... 

K+S Potash looking to hire more people as it outlines Bethune growth plans

By: Creamer Media Reporter      26th May 2022 K+S Potash Canada (KSPC) on Wednesday unveiled its long-term growth plan for the Bethune mine, in Saskatchewan, announcing that it would effectively double production capacity over the next couple of decades towards four-million tonnes a year. “Saskatchewan has the food, fuel and fertilizer the... 

K+S Potash looking to hire more people as it outlines Bethune growth plans

Hydrogen can be stored in existing fossil fuel infrastructure for years, world webinar hears 

By: Martin Creamer     26th May 2022 Hydrogen can be stored in existing fossil fuel infrastructure for years if need be, giving it the potential to become a universal energy carrier in the same way as oil is now but without the environmental impact, World Hydrogen Leaders webinar heard this week. Allowing hydrogen to make use of... 

Picture provided.
Hydrogenious LOHC Technologies strategy and implementation head Dr Andreas Lehmann.

Platinum-boosted South African hydrogen electrolyser leaps ahead  

By: Martin Creamer     25th May 2022 The proof-of-concept of the platinum group metals-boosted advanced alkaline electrolyser – the AAE ­– has been successfully completed by Hydrox Holdings of Randburg in a pioneering achievement that offers the potential for South Africa to enter the fray as world demand for hydrogen electrolysers... 

Creamer Media photographer.
Hydrox CEO Corrie de Jager interviewed by Mining Weekly’s Martin Creamer.

Afrimat earnings grow on back of normalised volumes, strong iron-ore price 

By: Marleny Arnoldi     19th May 2022 JSE-listed construction materials, industrial minerals and bulk commodities supplier Afrimat performed well in the financial year ended February 28, on the back of favourable iron-ore prices, an expeditious turnaround of the Nkomati anthracite project and a return to normal volumes in both the... 

Afrimat CEO Andries van Heerden
Afrimat CEO Andries van Heerden

Strike reaches offtake deal for potential urea project

By: Esmarie Iannucci     19th May 2022 ASX-listed Strike Energy has selected US-based Koch Industries as the preferred bidder for the 1.4 million tonnes a year of granulated urea to be produced from Strike’s proposed Project Haber fertiliser development, in Western Australia. The preferred bidder status was awarded after a... 

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

Picture supplied.
CSIR CEO Dr Thulani Dlamini

BHP targets Jansen start in 2026

By: Esmarie Iannucci     18th May 2022 Diversified miner BHP is hoping to accelerate production at Stag1 of its Jansen potash project, in Canada. CEO Mike Henry told the Bank of America Global Metals, Mining & Steel Conference, that first production from the $5.7-billion Stage 1 project could be accelerated from 2027 to 2026.  

The Jansen project, in Canada
Photo by BHP
The Jansen project, in Canada

Kropz secures up to R177m in funding from ARC Fund

By: Marleny Arnoldi     11th May 2022 Aim-listed Kropz has entered into a new conditional convertible equity facility of up to R177-million, or $11-million, with its major shareholder African Rainbow Capital (ARC) Fund, pending shareholder approval at a general meeting on May 30. The funds will be used to progress the Elandsfontein... 

Minimum of 14 000 jobs a year from South Africa’s first hydrogen corridor 

By: Martin Creamer     11th May 2022 South Africa’s first hydrogen corridor now under development has the potential to generate a minimum of 14 000 jobs, $400-million in gross domestic product and $900-million in taxes a year by 2050. In an addition, there is potential to grow platinum group metal (PGM) demand by between 1% to 2%... 

Creamer Media picture.
Photo by Creamer Media
Minerals Council hydrogen briefing from left Allan Seccombe, Roger Baxter and Fahmida Smith.

Minerals Council spells out members’ commitment to climate change mitigation 

By: Martin Creamer     11th May 2022 Members of Minerals Council South Africa have agreed to commit to a climate change response strategy that will reduce Scope 1 and Scope 2 emissions and achieve a net zero emission by 2050 or earlier. Minerals Council South Africa senior health and environment executive Nikisi Lesufi on Tuesday... 

Creamer Media picture
Photo by Creamer Media
Minerals Council South Africa senior health and environment executive Nikisi Lesufi, closest right, with Minerals Council's Allan Seccombe, left.

South Africa keen to harness hydrogen economy opportunities, President Ramaphosa tells Indaba  

By: Martin Creamer     10th May 2022 It was just amazing to see the innovation that the mining industry is capable of scaling up, President Cyril Ramaphosa told the Investing in African Mining Indaba in his enthusiastic address on Tuesday. “Last week, I attended the launch by Anglo American of the world’s largest hydrogen-powered... 

Creamer Media picture taken of screen
Photo by Creamer Media
President Cyril Ramaphosa at the Investing in African Mining Indaba.

South Africa has significant implementation crisis – Minerals Council 

By: Martin Creamer     9th May 2022 South Africa has a significant implementation crisis. A number of government departments and parastatals were hollowed out. Capacity is a significant issue in almost every parastatal – water authorities, Eskom, Transnet and across the board. “We’re not rushing in to take over activities because... 

supplied picture
Minerals Council South Africa CEO Roger Baxter.

Green hydrogen can be produced in South Africa immediately, coal conference hears

By: Martin Creamer     6th May 2022 The generation of green hydrogen is achievable in South Africa immediately and is not a complicated process, Sasol just transition office head David Kawesha said on Friday. “You just need the renewable energy resource, electrolysers to split water, and that’s really what the basic process is,”... 

Picture taken by Creamer Media
Photo by Creamer Media
McCloskey's Southern African Coal Conference panel from left moderator Randy Fabi, Tracey Davies, Steve Nicholls, Jan Oberholzer and David Kawesha.

World Coal Association favours just energy transition to net zero future  

By: Martin Creamer     5th May 2022 The World Coal Association, and its member companies, are in favour of a just transition to a net zero future, World Coal Association chairperson July Ndlovu said on Thursday. In his keynote address to the Southern African Coal Conference, Ndlovu emphasised the sincerity of the association’s... 

Creamer Media photograph
Photo by Creamer Media
World Coal Association chairperson July Ndlovu

BHP scours for ways to accelerate giant fertiliser project

By: Bloomberg     5th May 2022 BHP Group is looking at ways to speed up development of a $5.7-billion potash project in Canada at a time when creaking supply chains are pushing up crop nutrient prices. BHP Group President Minerals Americas Ragnar Udd was in Saskatchewan, Canada, last week evaluating acceleration options,... 

Highfield mandates financing for Muga

By: Esmarie Iannucci     4th May 2022 Potash developer Highfield Resources has mandated a group of experienced European mining finance lenders for a €312.5-million senior secured project financing package to finance the construction of its Muga potash project, in Spain. "We are delighted to reach this new milestone towards the... 

Nutrien sees market chaos beyond 2022

By: Bloomberg     4th May 2022 Nutrien, the world’s largest fertilizer company, is weighing whether to increase output with supply disruptions likely extending beyond 2022. Fertilizer prices have soared to all-time highs as Russia’s invasion of Ukraine and sanctions on Belarus have thrown a massive chunk of the world’s supply... 

An image of potash being unloaded

Nutrien raises potash sales guidance on strong global demand

By: Mariaan Webb     3rd May 2022 Canada-based fertiliser company Nutrien has raised its potash sales volume guidance for the year as it steps up its production capabilities owing to strong global demand amid supply uncertainties from Eastern Europe. The TSX- and NYSE-listed firm said it would sell between 14.5-million and... 

An image of Nutrien's Allan operation
Nutrien's Allan operation

Fertiliser buyers are eyeing Canada to fill global potash deficit

By: Bloomberg     3rd May 2022 Canada’s ample potash deposits are drawing “high levels” of interest around the world since sanctions upended global fertilizer markets. Saskatchewan is capturing “renewed interest” in its potash resources due to disrupted supplies of the key fertilizer from Belarus and Russia, according to... 

An image of potash

Western Potash secures C$85m credit financing to complete Saskatchewan project

By: Mariaan Webb     29th April 2022 Development-stage company Western Potash on Friday announced a C$85-million term loan financing transaction with Appian Capital Advisory to enable the company to complete the remaining construction and development of the Milestone Phase 1 project, in Saskatchewan, Canada. The loan transaction,... 

Kore expects financing proposal on Kola project within two months

By: Marleny Arnoldi     22nd April 2022 Dual-listed Kore Potash has started a detailed review of the optimisation study on the Kola project, in Congo-Brazzaville, which was undertaken by an engineering partner of the Summit Consortium, with which Kore has a memorandum of understanding in place. The consortium aims to submit an... 

President Ramaphosa to deliver keynote address at Mining Indaba 2022

By: Martin Creamer     20th April 2022 President Cyril Ramaphosa will deliver a keynote address at the 2022 Investing in African Mining Indaba, which takes place in Cape Town from May 9 to 12. The attendance of Ramaphosa, who will speak on Tuesday, May 10, signals the continued importance of mining to the South African economy as a... 

Picture supplied.
President Cyril Ramaphosa.

Clients planning to close many renewable energy project deals this year – Nedbank CIB  

By: Martin Creamer     11th April 2022 While Africa is blessed with great natural sun and wind resources, it has about 600-million people living without access to electricity, which is one of the biggest impediments to the continent’s economic growth. Renewable energy is available to put an end to this impediment, as it can provide... 

Picture supplied
Nedbank CIB Group Managing Executive Anél Bosman interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

BCI warns of costs blow-outs at Mardie

By: Esmarie Iannucci     7th April 2022 Potash developer BCI Minerals has flagged cost increases at its Mardie salt and potash project, in the Pilbara, days after starting construction. BCI, which broke ground on March 25 at Mardie, on Thursday said that the company expected the current inflationary pressures on construction inputs... 

Brazil needs potash and Belarus is looking for ways to supply it

By: Bloomberg     6th April 2022 Agricultural powerhouse Brazil is desperate for fertilisers. Belarus, a sanctioned regime friendly to Russia’s Vladimir Putin, is looking for ways to ship more of the nutrients. Belarusian President Alexander Lukashenko gave his stamp of approval to small companies trying to export potash to... 

Centrex raises cash for Ardmore

By: Esmarie Iannucci     6th April 2022 ASX-listed Centrex will raise A$16-million through a share placement to support the development of the Ardmore phosphate project, in Queensland. The company would place 57.1-million ordinary shares to institutional, professional and sophisticated investors, priced at 14c a share, to raise an... 

Green finance taxonomy to help investors make green project decisions – law firm 

By: Martin Creamer     5th April 2022 South Africa’s first green finance taxonomy will help investors and financial institutions make more informed decisions on ‘green’ projects, say Webber Wentzel’s Patrick Heron and Joon Chong. Heron and Chong describe the taxonomy, launched by National Treasury last Friday, as an official... 

Pictures supplied
Patrick Heron (left) and Joon Chong.

Minerals Council ending century-long relationship with Johannesburg CBD

By: Martin Creamer     4th April 2022 Minerals Council South Africa has begun a new era by moving into modern premises in Rosebank, Johannesburg, and closing a century-long chapter in Johannesburg’s central business district (CBD). The historic Minerals Council building, on Hollard Street– which was constructed in 1921 – will be sold. 

Creamer Media picture.
Photo by Creamer Media
Historic Minerals Council building, on Hollard Street.

Agrimin finds more buyers for Mackay potash

By: Esmarie Iannucci     4th April 2022 ASX-listed Agrimin has inked a binding offtake agreement with US-based Gavilon Fertilizer for the supply of 50 000 t/y of sulphate of potash (SOP) from the Mackay potash project, in Western Australia. Agrimin has now secured offtake agreements for a total of 315 000 /y of SOP, representing 70%... 

Kore receives Kola enhancement study, starts EPC contract process

By: Donna Slater     1st April 2022 LSE-listed potash developer Kore Potash has received an enhancement study for its Kola project, in Congo-Brazzaville, that was undertaken by the engineering partner of the Summit Consortium, SEPCO Electric Power Construction Corporation. Kore – with a 97% interest in the project – has started its... 

Canadian firm lobbies Brazil for Amazon potash mine permit

By: Reuters     1st April 2022 Toronto-based Brazil Potash has laid out for Brazilian President Jair Bolsonaro this week its plans to reduce his country's dependence on fertilizer imports disrupted by the Ukraine war by opening a potash mine in the Amazon. The company's owner, investment banker Stan Bharti, met with Bolsonaro... 

Karnalyte dusts off Saskatchewan potash plans

By: Mariaan Webb     31st March 2022 Canadian fertiliser products company Karnalyte Resources is updating the NI 43-101 technical report for its Wynyard potash project, in Saskatchewan, on the back of a strong outlook for the industry. The company, which last year concluded a strategic review of its projects, had selected... 

Highfield finds financing for Spain potash project

By: Esmarie Iannucci     31st March 2022 Potash developer Highfield Resources has secured a €312.5-million financing package to help fund the construction of its Muga potash project, in Spain. The ASX-listed company told shareholders that it had agreed a non-binding indicative term sheet with a group of experienced European mining... 

NMP moves ahead with Sandpiper environmental application

By: Darren Parker     30th March 2022 Phosphate mining company Namibian Marine Phosphate (NMP) is progressing the application for an Environmental Clearance Certificate (ECC) for its mining licence (ML170) for the Sandpiper marine phosphate project, in Namibia. The company has appointed an environmental assessment practitioner (EAP)... 

Green hydrogen energy supply to local communities envisaged by Anglo 

By: Martin Creamer     28th March 2022 The green hydrogen footprint being developed by Anglo American could be extended to provide low-cost and efficient energy to local communities. Anglo, which is advancing towards using green hydrogen to replace diesel in the huge haul truck it is building at Anglo American Platinum’s Mogalakwena... 

Creamer Media picture taken at South Africa Investment Conference
Photo by Creamer Media's Donna Slater
Anglo American CEO Mark Cutifani.

World taps Canada for potash and uranium as war roils markets

By: Bloomberg     28th March 2022 Buyers scrambling for supplies of potash and uranium are looking to Canada to fill gaps caused by the war in Ukraine. The northern nation has been approached by buyers looking for potash and uranium, said Canada’s Natural Resources Minister Jonathan Wilkinson. Canada is one of the world’s main... 

An image of Canada's Natural Resources Minister Jonathan Wilkinson
Canada's Natural Resources Minister, Jonathan Wilkinson

Bidders called to Perdaman wharf

By: Esmarie Iannucci     23rd March 2022 An expression of interest was released on Wednesday for the design and construction of a new wharf at the Port of Dampier, which will be used by privately-held Perdaman for urea exports. The new wharf will be constructed south of the existing Dampier Cargo Wharf and includes a new berth pocket... 

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