MENU

Asian investors eye planned New Mexico potash mine

August 9, 2014 • State News

CARLSBAD, N.M. (AP) — A proposed $1.02 billion potash mine in southeastern New Mexico may get a financial boost from Asian investors, company officials said.

Intercontinental Potash Corp. says private investors from China and a bank in Japan have shown an interest in the proposed Ochoa Project, Carlsbad Current-Argus reported earlier this week (http://goo.gl/JSe3fV ). The company wants to develop an underground mine in southern Lea County to extract polyhalite ore to use in the production of potash.

Intercontinental spokesman Login to read more

Related Posts

Comments are closed.

« »