Yankuang energy: the group’s Canadian potash mine has six exploration rights converted into mining rights

Every AI newsletter, Some investors asked questions on the investor interaction platform: China Economic News reported that “China’s joint negotiation group on imported potash fertilizer reached an agreement with the international potash fertilizer supplier potash Corporation of Canada to determine that the import price of standard potassium chloride in 2022 is cfr590 US dollars / ton, which is valid until December 31, 2022. Compared with the contract price of 247 US dollars / ton in 2021, it has increased by 343 US dollars / ton. Judging from the prices over the years, the large contract price this year has reached a record high.” From this report, the price of potash fertilizer has increased by 138% over last year, reaching a record high. Excuse me, is the Canadian potash company mentioned in this report our Canadian potash mine? What is the current capacity of our Canadian potash company?

Yankuang energy ( Yanzhou Coal Mining Company Limited(600188) . SH) said on the investor interaction platform on April 16 that the Canadian potash company mentioned in this report has nothing to do with the company. The group’s Canadian potash mine has converted six exploration rights into mining rights. At present, production and development have not been carried out and detailed design is still under way. Next, the company will actively seek strategic investors or other partners to jointly develop potash projects.

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