Chinese company considering potash mine near Strasbourg – News Talk 650
May 31, 2015
Construction could begin next year, operational by 2020
Saskatchewan is already well known for its potash mining and now another massive, multi-billion dollar project could soon be developed north of Regina.
Chinese-based Yancoal has been exploring and studying a potential site about halfway between Southey and Strasbourg. The company recently carried on to the feasibility stage.
“It looks pretty promising,” said Strasbourg Mayor Ken Swanston.
Swanston indicated Yancoal is getting pretty close to the start of construction. He figures shovels could be in the ground as soon as next year. The company’s website confirms that plan, with the mine scheduled to be in operation by 2020. Their goal is to produce 2.8 million tonnes of potash annually.