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Outage at Mosaic mine in Saskatchewan to hit Q2 potash sales

Mosaic Co. on March 31 reported an incident at its Esterhazy K2 potash mine in Saskatchewan involving a skip, a device used to transport potash to the surface, that resulted in a 200,000-to-300,000-tonne production loss.

The incident occurred in the latter part of the first quarter and is not expected to materially impact quarterly potash results, but the production loss will weigh on second-quarter sales volumes.

The company expects the skip to be repaired and to resume operations in the next several days.

In October 2015, the company reported a mechanical failure at a skip at Esterhazy K1.