Nutrien Ltd. has announced that it expects to proactively take up to 8-week inventory shutdowns at its Allan, Lanigan and Vanscoy potash mines in Saskatchewan, Canada, during 4Q19.
The production downtime is in response to a short-term slowdown in global potash markets. If all three potash facilities were to remain idled for the full 8 weeks, potash production could be reduced by approximately 700 000 t and potash annual EBITDA could be reduced by US$100 – US$150 million.
Read the article online at: https://www.globalminingreview.com/mining/13092019/nutrien-initiates-temporary-inventory-shutdowns-at-three-potash-mines/
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