Saskatchewan

K+S strikes deal to sell potash to Koch

K+S, which is building a huge potash mine northwest of Regina, has a new deal to sell its product to Koch Fertilizer.

Company building mine near Bethune, Sask.

A crystalizer unit was taken to the K+S mine near Bethune, Sask., earlier this year. When the mine is in full production, it will produce two million tonnes of potash annually. (Government of Saskatchewan)

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. 

  

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