K+S strikes deal to sell potash to Koch
Company building mine near Bethune, Sask.
K+S, which is building a huge potash mine northwest of Regina, has a new deal to sell its product to Koch Fertilizer.
Koch announced Tuesday it has exclusive rights to a supply of around 450,000 tonnes of granular potash, a mineral used as fertilizer for corn and other crops.
K+S says the Legacy mine site located northwest of Regina is worth $4.1 billion.
It expects to reach a capacity of two million tonnes of potash per year by the end of 2017.