Loading…
Germany's Thyssen Schachtbau signed a contract to make four hoisting plants for IOOO Slavkaliy's Nezhinsky potash project in Belarus. The mine will produce up to 2 million tonnes of potassium chloride per year, with first deliveries expected in mid-2020.
This is a equipment contract for a future mine that adds potash capacity only after 2020, so the near-term price impact is minimal. It is a longer-term supply addition to watch.
eng.belta.byMay 15, 2019Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
