# Nutrien considers closing less-profitable Sask. potash mines

> Nutrien, the newly merged fertilizer company, is considering closing less-profitable potash mines in Saskatchewan as part of a plan to find $500 million US in savings by end of 2019. Production could shift to its expanded Rocanville operation.

- Date: 2018-02-06 · published 2018-02-06T12:00:00.000Z
- Category: market · region Canada · magnitude low
- Page: https://feedsoft.ai/events/66795-nutrien-considers-closing-less-profitable-sask-potash-mines
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Possible mine closures would reduce potash supply capacity, a mildly supportive factor for potash prices, though the cost savings are a corporate matter and no closures are confirmed.

## Read by commodity

- POTASH: bullish ▲

## Sources

- cbc.ca: https://www.cbc.ca/news/canada/saskatoon/nutrien-considers-closing-sask-potash-mines-1.4522570

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