Its more fallout from the strike that has gripped ports in BC.
Nutrien has announced it is curtailing activity at its Cory Potash Mine south west of Saskatoon.
In a news release Nutrien expects full-year 2023 Potash adjusted EBITDA will fall below the bottom end of its previous guidance range due to factors impacting offshore sales through Canpotex, including the ILWU strike, Portland terminal outage and lower global potash prices than previously anticipated.
“The disruption at the Port of Vancouver has resulted in the curtailment of production at our Cory potash mine and if prolonged could also impact production at our other potash mines in Saskatchewan. We urge the parties in this dispute to come to a swift resolution to prevent further damage to the Canadian economy,” said Ken Seitz, Nutrien’s President and CEO.
Workers at ports in BC went on strike on Canada Day.
