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PotashCorp to temporarily halt production at Allan and Lanigan mines

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PotashCorp Lanigan mine

By CKOM News

PotashCorp says it will stop production next month at the Allan and Lanigan mines.
 
The company said it wants to match supply with market demand, so it will curtail production at the two mines for a month starting March 20.
 
Potash Corp says the stoppage will be done through maintenance shutdowns and there will be no layoffs.
 
The halt comes potash prices continue to fall on world markets, tumbling all the way to less than $300 per tone from $900 in... // Read Full Article


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