REGINA — The Mosaic Company is doubling down on its five-year-old, $1.5-billion K3 mine project at Esterhazy with a further $1.7 billion investment, which will make the world’s largest potash mine even larger, company officials announced Monday at its Regina head office.
The expansion project will create 300 construction jobs a year — 600 at peak construction — and bring total investment at K3 to $3.2 billion when production begins in late 2017. “When complete, this will make K3 the largest, most competitive potash mine in the world,’’ said Gerry Couture, vice-president, capital and engineering for Mosaic Potash, which is headquartered in Regina.
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