Phosphoric Acid, Phosphates & Fertilizers Experts

Nutrien Announces Permanent Closure and Impairment of New Brunswick Potash Facility

Nutrien Ltd. (“Nutrien”) announced today that following a strategic review of the company’s potash portfolio, it has decided to permanently close its New Brunswick potash facility and will record a US$1.8 billion non-cash impairment in the third-quarter of 2018. The facility was placed in care and maintenance in early 2016 and has not produced potash since that time.

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