Potash Top Stories

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Takeover approach shakes up potash market

Potashcorp shares jump after making unsolicited bid for Europe's largest…

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Orocobre Limited: first battery grade lithium carbonate produced from Salar de Olaroz

Orocobre Limited (TSX:ORL)(ASX:ORE) is pleased to report that it has produced battery grade lithium carbonate from Salar de Olaroz brines. Orocobre's analysis shows that the lithium carbonate is of greater than 99.9% purity* and of higher purity than the specifications for battery grade material sold by existing producers. This material was produced by refining a lower purity product previously produced at the company's facilities at Olaroz with recirculated brines. As such, the Company considers the material to be representative of what could be expected in commercial production.

PotashCorp’s Allan mine in expansion mode

The increase in the demand for potash, along with higher prices, is fuelling an expansion of PotashCorp's Allan mine in Sasatchewan, The Star Phoenix reports. The $550 million expansion began in 2009 and is expected to push production at the site from two million to three million tonnes per year by 2012: “Over the last two decades the potash industry has been fairly stable, it had plateaued,” said Larry Long, general manager of the Allan mine. “Now with all the influx of orders for potash, the market has expanded quite a bit, countries all over the world are using our product at a higher rate, so we are in a position where we have to expand to meet the demand.