Already the world's largest potash producer, PotashCorp is developing more than 50 percent of the world's incremental capacity by 2015, positioning the company to capture a significant share of future demand growth. Capital expansions between 2005 and 2015 are expected to significantly increase operational capability to 17.1 million tonnes at a total cost of more than CDN $7 billion.
"We're well on our way to achieving our expansion goals," says Garth Moore, President of PCS Potash, noting that all projects are due to be up and running by 2015. "The first of our Cory facility's two-phase expansion is nearly complete, and work at three other sites is proceeding as scheduled." The Cory expansions are expected to raise operational capability of the site to 2.7 million tonnes — an increase of 1.9 million tonnes per year.