
Nutrien Ltd. is indefinitely pausing its potash production ramp-up and suspending work on its Geismar clean ammonia project after a period of “unprecedented volatility” in fertilizer markets, said chief executive Ken Seitz on Thursday. Persistent uncertainty in global crop input markets over the past 18 months have been a challenge, and helped lead to significantly […]
For the first time in over 50 years of mining, Nutrien mined a production wing at its Lanigan mine with no people present. The Lanigan mine used cutting-edge tele-remote technology, allowing operators to use the mining machine from a remote location, removing them from the active mining area completely. This enables a step change […]
Agriculture Canada has released a report on its fertilizer target emission reduction goals. Over two thousand submissions were received between March and October last year through the internet, workshops and town hall meetings. Ottawa has set a tartget of reducing emissions 30 percent from 2020 levels by 2030. As a result of the consultations, a […]
Saskatoon-based Gensource Potash has announced a new business relationship with a direct strategic investment by Nekaneet First Nation. The relationship encompasses equity ownership in Gensource and therefore a direct interest in the development of the Gensource potash projects in Saskatchewan. Gensource has a goal of environmentally-leading modular potash production systems. Gensource has a potash project […]
Saskatoon-based Nutrien has announced net earnings of 7.7 billion dollars in 2022. The profits were supported by higher fertilizer prices and record performance at Nutrien Ag Solutions, more than offsetting a reduction in fertilizer sales volumes. Nutrien’s board approved a 10 percent increase in the quarterly dividend to 53 cents per share. Nutrien expanded […]
The province’s Trade and Export development office says Saskatchewan’s economy remains one of the strongest in the nation. The province says November merchandise exports saw a 45 percent increase compared to November 2021. This is the second highest increase among provinces. Total merchandise exports for November 2022 were worth more than 5 billion dollars. […]
The province says new statsCan numbers show Saskatchewan’s merchandise exports rose 45 percent in September compared to the same month last year. Its the highest increase among the provinces. Trade and Export Development minister Jeremy Harrison says Saskatchewan has what the world needs, from food, to fuel, to fertilizer. Saskatchewan’s merchandise exports were 4.5 […]
Saskatoon-based Nutrien has announced net earnings of 1.6 billion dollars for the third quarter, which includes a non-cash impairment reversal of 330 million dollars related to Phosphate operations. President Ken Seitz says Nutrien delivered record earnings on 2022 due to the strength of agriculture fundamentals, higher fertilizer prices and excellent retail performance. During the third […]