(June 2, 2017) Could Michigan become a potash producer to compete with the likes of Canadian behemoth PotashCorp (NYSE:POT) and U.S. fertilizer giant Agrium Inc.(NYSE:AGU)? While that seems a stretch, considering the high barriers to entry into a market dominated by a
Category: Michigan Potash in the News
(May 28, 2017) The find stretched deep underground across the middle of the state, from Osceola County to Midland. At the time, media reports posited that the mineral, which is used worldwide as a crop fertilizer, could create a $65 billion industry for the state and increase economic development throughout rural Michigan.
(April 17, 2017) For more than two decades, researchers, geologists, and investors had no idea they were standing above tremendous wealth. Thousands of feet deep beneath the surface of western Michigan, a potential multibillion-dollar potash deposit was discovered. Potash—a mineral salt containing high levels of potassium—is an ingredient in fertilizer essential for growing crops.
(Feb 26, 2015) Michigan has always been rich in natural resources. And now potash, the mineral element from which potassium comes, has been found in the state as well.
(Feb 11, 2015) Natural resources have long been an economic asset to Michigan, but it was only recently that the state discovered an unusually large deposit of potash, one of the most pivotal substances in the world. The new findings could very well signal the start of a new industry in the state, potentially worth...
(Sept 17, 2014) WASHINGTON, D.C. – Today, the House Natural Resources Subcommittee on Energy and Mineral Resources held a legislative hearing on H.R. 5066, the Data Preservation Act of 2014, authored by Natural Resources Committee Member Rep. Dan Benishek, M.D. (MI-01).
(December 8, 2013) Only weeks after a swirl of media reports trumpeted that potash soon may become a $65 billion industry for Michigan, the owner of the only potash mine in the state stopped production of the mineral and laid off a dozen workers.
(Nov 18, 2013) While The Mosaic Co. closed its small Hersey, Mich., potash mine Nov. 5 (GM Nov. 11, p. 1), a small junior company stands ready to take the surrounding reserves and build them into a significant mine to serve the Cornbelt. Just as major nitrogen producers and would-be nitrogen producers see the value of...
(Oct 15, 2013) “Potash Could Secure State’s Economic Health” – The Australian Mining Review
(Sep 20, 2013) A nearly forgotten deposit of high-grade potash under two West Michigan counties is being touted as a potential multibillion dollar industry that could make the state one of the world’s leading sources for one of the most important ingredients in agricultural fertilizer.