Sirius Minerals, KEYTRADE collaborate potash marketing

Sirius Minerals, KEYTRADE collaborate for potash marketing

6:41 AM, 19th February 2013
Sirius Minerals, KEYTRADE collaborate for potash marketing

LONDON, UK: Sirius Minerals Plc, the globally diversified potash development group, has signed a marketing agreement with KEYTRADE AG.KEYTRADE will market up to 1.75 million tonne per annum of polyhalite produced at the York Potash Project, currently under development by Sirius. The Project’s initial production is currently scheduled to begin from late 2016 with a first phase production target of 5 million tonne per annum. KEYTRADE will be marketing in key regions of Central and South America (excluding Brazil), South East Asia, as well as specific countries in Europe and Africa.

“As one of the world’s leading traders and distributors of fertilizers, KEYTRADE has an outstanding global platform to reach customers and countries with substantial growth potential and therefore this contract is a significant endorsement of the outstanding potential market for Polyhalite. Sirius marketing work continues to advance in the UK and other major markets of Brazil, China, India, Europe and the United States which provide a significant opportunity for material demand for polyhalite and its unique multi-nutrient qualities,” said Chris Fraser, Managing Director and CEO, Sirius.

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