KCl

Potash

Projects

Major Potash Projects Worldwide

The development pipeline for Potash projects spans exploration through production across multiple jurisdictions. We track 2 key projects that will shape the future supply landscape for this industrial mineral.

Current Production

46 million

tonnes K2O

Top Producer

Canada

32% share

Projects Tracked

2

Reserves

11 billion tonnes K2O

Potash Project Pipeline

The following projects represent the most significant Potash operations and development-stage assets worldwide:

Jansen Mine

BHP

Construction (first production ~2026)
Country: Canada Capacity: ~8.5 million tonnes KCl/year (at full build-out)

BHPs ~$7.5B investment in a new greenfield potash mine in Saskatchewan; will be one of the worlds largest potash operations

Wynyard Potash Project

Gensource Potash

Development
Country: Canada Capacity: ~250,000 tonnes KCl/year

Small-scale selective solution mining project targeting low-cost, low-impact production

Government Support and Strategic Initiatives

Recognizing the strategic importance of Potash, governments in major consuming nations have launched programs to support project development. These include direct financing, loan guarantees, streamlined permitting, and bilateral resource partnerships.

Key Industry Developments

Recent developments affecting the Potash project landscape:

2013

Uralkali exited the BPC (Belarusian Potash Company) marketing cartel with Belaruskali, crashing potash prices from $400 to below $300/tonne

2021

EU and US imposed sanctions on Belarus following political repression and Ryanair hijacking; Belaruskali exports severely disrupted

2022

Russia-Ukraine conflict further disrupted Russian and Belarusian potash exports; global potash prices spiked above $700/tonne

2023

Prices normalized toward $300-400/tonne as alternative supply routes established and demand adjusted to high prices

2024

BHPs Jansen mine construction progressed toward 2026 first production; will add significant new Canadian supply capacity

Return to the Potash hub page or browse the full Mineral Library.