“At present, India is fully dependent on imports of potash.” Karnalyte Resources wins India investor for new potash mine. National Post

Mosaic Underground Potash Mine Saskatchewan

Mosaic K1 potash mine near Esterhazy, Saskatchewan, Canada.

Also: Karnalyte peer Encanto Potash (EPO) shares soared 12% Friday after another Indian consortium disclosed being in discussions with the company over a potential off-take deal. Read the statement here.

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