Glossary

Brine

A highly concentrated solution of water and salt (in potash mining, brine is specifically a solution of water and potassium chloride). Brine is created when potash is extracted during solution mining. Water inflows in potash mines are frequently in the form of brine and can cause flooding of the mine.

Capacity

The amount of a nutrient a company can produce annually.

CDN

Canadian dollars.

FOB (Free on Board)

The cost of goods on board at point of shipment.

Greenfield

New operation built on undeveloped site.

K2O

Potassium oxide, a term used in the fertilizer industry to define potassium content. To convert KCl product tonnes to K2O, multiply by 0.61.

Potash (KCl)

Potash fertilizer is muriate of potash (KCl, potassium chloride). Potassium also combines with other materials in specialty fertilizers such as potassium sulfate (K2SO4), potassium magnesium sulfate (K2Mg2(SO4)3) or potassium nitrate (KNO3). 60-63.2% K2O (solid).

Potassium (K)

The seventh most common element in the earth's crust. Economically recoverable deposits are usually found combined with chlorine in the chemical compound potassium chloride, commonly referred to as potash.

Phosphate

An inorganic chemical, phosphate is a salt of phosphoric acid. Inorganic phosphates are mined to obtain phosphorus for use in agriculture and industry.

Tonne (MT)

A metric tonne, the equivalent of 2,204.6 pounds, or 1,000 kilograms. Most offshore sales are made in metric tonnes and US dollars. To convert to short tons, multiply by 1.1023.

USD

United States dollars.

Information Signup