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Agrium CFO says eyeing new potash mine for 2014

Wed Jun 11, 2008 12:06pm EDT
 
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(In U.S. dollars unless noted)

WINNIPEG, Manitoba, June 11 (Reuters) - Agrium Inc (AGU.TO: Quote, Profile, Research, Stock Buzz) is in a five-year-long "queue" to buy equipment for a new potash mine that could be in operation in 2014, its chief financial officer said on Wednesday.

Calgary, Alberta-based Agrium, the smallest of Canada's three potash producers, has been looking at sites for a greenfield mine since 2005 and plans for it are set to be finalized later this year, Bruce Waterman told an investor conference in Toronto. (Reporting by Roberta Rampton; Editing by Peter Galloway)

 

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