AP NEWS

Proposed potash mine plan advances amid new agreement

January 28, 2019

CARLSBAD, N.M. (AP) — Plans for a proposed potash mine in southeast New Mexico are advancing amid a new agreement.

The Carlsbad Current-Argus reports the Hobbs-based PolyNatura announced that week it has signed a deal with national fertilizer company Nitron Group to purchase 75 percent of PolyNatura’s production.

Nitron is one of the world’s largest traders and distributors of fertilizer products.

PolyNatura plans to mine, process and manufacture fertilizer products at its Ochoa Project about 20 miles (32 kilometers) west of Jal, New Mexico.

The products contain polyhalite — a mineral salt that have potash and various sulfates.