en.Wedoany.com Reported - After nearly two decades of development, Manitoba's only potash mine is scheduled to begin commercial production next month. The $30 million facility, located near the hamlet of Harrowby in the Rural Municipality of Russell-Binscarth in western Manitoba, is constructed and operated by the Potash and Agri Development Corporation of Manitoba (PADCOM). Company President Daymon Guillas stated that the mine will begin producing and stockpiling agricultural fertilizer in June, with an estimated output of approximately 30,000 tonnes in its first fiscal year. This facility is Manitoba's sole potash mining project, marking the end of the company's nearly twenty-year planning and financing journey.
PADCOM is a privately held company, often simply referred to as PADCOM. Amid considerable skepticism within the mineral extraction industry, the company spent 19 years completing the project's planning, financing, and construction phases, ultimately achieving commercial production. "We're a no-name brand. We're not miners. A lot of people laughed at us and said it couldn't be done," Guillas said in an interview Thursday in Asessippi, Manitoba.
Guillas also drew comparisons with other projects: "There's a project in Saskatchewan with a well-known brand. They spent $300 million and have yet to produce anything. We spent $30 million and are now producing." He added that the company's commercial production brings this long-term project to a close, a project that took nearly two decades from planning to commissioning, with an investment of only $30 million, far below industry peers.
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