Analysts and industry sources suggest Solikamsk-2 potash mine will be lost

By James Sean Dickson
Published: Wednesday, 03 December 2014

Uralkali has released few updates on the situation at Solikamsk-2. Local media reports have also been sparse and have undergone corrections by the company’s press office. If the mine is lost, as some sources suggest it likely will be, the world’s largest potash producer could lose 1/5 of its production capacity.

Sources from several fertiliser companies, who wish to remain anonymous, and industry analysts have told IM that Uralkali OAO’s Solikamsk-2 potash mine is unlikely to restart production, following the detection of increased levels of brine inflow, and the subsequent suspension of operations, which culminated in a full mine evacuation on 18 November....

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