Agrium potash mine shutdown to last longer

Thu Aug 7, 2014 10:45am EDT

Aug 7 (Reuters) - A mechanical breakdown last week at Agrium Inc's lone potash mine will keep it shut down longer than expected and cause the Canadian fertilizer company to lose money on potash for the second half of this year, the company said on Thursday.

The downtime will last three to four weeks longer than the 14 weeks planned to tie in its capacity expansion, Chief Executive Officer Chuck Magro said on a conference call. (Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by Jeffrey Benkoe)

FILED UNDER: