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IW Business Bulletin – June 18, 2021

BHP edges closer to Jansen Potash decision

In an investor and analyst briefing on June 17, 2021, BHP announced the company is examining what port the company would use to ship potash from the Jansen project. Ragnar Udd, BHP Minerals America president said in the briefing BHP is looking at both of the Port of Vancouver and a greenfield option.

The potential date of a decision on the BHP Jansen is August 17, 2021 when BHP releases its year-end results. BHP owns 100 per cent of the Jansen project, and holds exploration permits and mining leases on 9,600 sq. km in Saskatchewan.

New Wind Energy Project for Cowessess First Nation

SaskPower has awarded a utility-scale wind energy project to Renewable Energy Systems (RES) Canada and Awasis Nehiyawewin Energy Development, a wholly owned Cowessess First Nation entity. Plans were announced on June 17, 2021 for the project which will be built north of Moose Mountain Provincial Park in the province’s southeast on Cowessess First Nation reserve land in the R.M.s of Hazelwood and Kingsley. When complete, the wind energy facility will supply 200 megawatts (MW) of power. Construction begins this summer, and expected to be complete by the end of 2023.

“Reducing greenhouse gas emissions by at least 50 per cent below 2005 levels by 2030 is a priority for SaskPower,” said Mike Marsh, SaskPower president and CEO. “Incorporating wind power through projects such as Bekevar is a crucial component of our strategy to make significant reductions to emissions while ensuring SaskPower can supply reliable, sustainable, and affordable power to our customers.”

Ag-West Bio Launches Resource for Saskatchewan’s Agri-value Sector

On June 15, 2021, Ag-West Bio announced the launch of its latest initiative, Sask Agrisource. This new online database lists organizations offering bioscience or agri-value products and services in Saskatchewan. Sask Agrisource is free to use, and lists companies selling products and services, agricultural and scientific resources, business services, funding sources, and professional services.

“It’s amazing how many organizations are active in this sector. This database will be a valuable tool, both for companies looking for resources and partnerships, and for other organizations like ours who are working to promote Saskatchewan’s agri-value industry,” said Karen Churchill, Ag-West Bio president and CEO. 

Richardson International Announces New Grain Facility

June 14, 2021 brought news of Richardson’s latest investment in Saskatchewan, with the announcement of plans for a new high throughput grain elevator at Carmichael, Sask. The company began construction this month, with a completion date in Fall 2022. The new facility is located 65 km of Swift Current, and will include 46,000 metric tonnes of storage capacity with a loop track rail design able to load 175 high cube rail cars. After the first phase of construction is complete, Richardson will add a high-speed fertilizer blender and a 10,000 sq. ft. warehouse, both due to come online in Fall 2023.

“Richardson has maintained a significant presence and loyal customer base in the southwestern part of the province and will continue to seek opportunities for improving operational efficiencies,” said Tom Hamilton, senior vice-president, agribusiness operations at Richardson. “With the addition of the new facility at Carmichael, we look to bridge our historical presence in the area with the realities of meeting our grower customers’ evolving business needs.”

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