# German Thyssen Schachtbau to make hoisting plants for second Belarusian potash mine

> 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.

- Date: 2019-05-15 · published 2019-05-15T12:00:00.000Z
- Category: market · region Belarus · magnitude low
- Page: https://feedsoft.ai/events/59405-german-thyssen-schachtbau-to-make-hoisting-plants-for-second-belarusian-potash
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

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.

## Read by commodity

- POTASH: bearish ▼

## Sources

- eng.belta.by: https://eng.belta.by/economics/view/german-thyssen-schachtbau-to-make-hoisting-plants-for-second-belarusian-potash-mine-121004-2019/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.