Boliden’s Q2 earnings disappoint despite near fivefold rise
The miner said higher metal prices boosted its earnings, while lower treatment charges and metal premiums weighed on the result.
PLAINFIELD, Ill., Dec. 20, 2012 – K+S Potash Canada, a subsidiary of the K+S Group, has awarded Veolia Water Solutions & Technologies a multi-hundred million dollar contract to supply the evaporation and crystallization equipment constituting the core process system for a greenfield potash project. The new evaporation plant is part of K+S Potash Canada’s Legacy Project located in the Canadian province of Saskatchewan. The plant is scheduled to begin production at the end of 2015.
Veolia’s HPD technology provided the lowest operating costs for the plant. K+S Potash Canada also selected Veolia for their ability to execute large projects and their commitment to energy and water conservation. The plant will be the largest solution mining plant in North America and is designed to produce more than two million tonnes of potassium chloride by 2017.
Veolia will provide engineering and equipment supply for the evaporation and crystallization plant, which is the core of the production process. It is where the brine that is recovered from the solution mining process is evaporated, sodium and potassium chloride (potash) are crystallized and the potash is separated from the brine. The potash is then refined into a high quality end product.
The new plant will be the first potash plant built in Saskatchewan in 40 years.
The K+S Group is one of the world’s leading suppliers of standard and specialty fertilizers. In the salt business, measured by production capacity, the K+S Group is the world’s leading producer, with sites in Europe as well as North and South America.
Veolia Water Solutions & Technologies, subsidiary of Veolia Water, is a leading design and build company and a specialized provider of technological solutions in water treatment. With 10,767 employees, Veolia Water Solutions & Technologies recorded revenue of $3.3 billion in 2011. Visit our web site at www.veoliawaterst.com.
Veolia Water, the water division of Veolia Environnement, is the world leader in water and wastewater services. Specialized in outsourcing services for municipal authorities, as well as industrial and service companies, it is also one of the world’s major designers of technological solutions and constructor of facilities needed in water and wastewater services. With 96,651 employees in 69 countries, Veolia Water provides water service to 103 million people and wastewater service to 73 million. Its 2011 revenue amounted to $16.3 billion. Visit web sites at www.veoliawaterna.com and www.veolianorthamerica.com.
