One of the largest Russian manufacturers of mineral fertilizers, Acron continues to get rid of potash permits in Canada, the active development of which the company has not begun. Part received in 2008 the assets were sold in 2010-2011 and now, the company has agreed a deal on another site with the Potash Corporation of Saskatchewan Inc. But even after this transaction at “Akron” there is still nine stations in Canada, which the manufacturer hoped to develop with Rio Tinto since 2012, but the project was never started.The group “Akron” Vyacheslav Kantor 12 years after the purchase of licensed production at one of the sites of deposits of potash in the canadian province of Saskatchewan. The buyer of the license area KL 279, as reported by the company, became Canada’s Potash Corporation of Saskatchewan Inc. (potash division Nutrien Ltd). The price of the transaction “Akron” does not disclose, the market it estimated at “several million canadian dollars.” But the company noted that it reflects “the fundamental value of the potash industry, despite turbulent market conditions in the moment”.Potash assets in Canada, “Akron” in 2008, buying a 98% stake in the company 101109718 Saskatchewan Ltd., which owned the licences for the 36 exploration areas of deposits of potassium salts Prairie Evaporit a total area of 10,274 thousand sq. km and Resources of these parcels make up about 20 billion tonnes of potash ore, developed reserves estimated at 6 billion t. thus, the owner of licenses in October 2010, sold the rights to conduct works on preparation for the extraction of potash in the plot of CU 385 canadian Sanya Resource Corporation for 6 million canadian dollars. In November of the same year, the structure of “Akron” has got rid of one area — KP 373, the buyer was BHP Billiton Canada.It was then renamed the canadian division of the Akron North Atlantic Potash Inc. sold eight of the 18 licenses of its potash in Saskatchewan of the Chinese Yankuang Group Corporation Limited for $110 million when the company noted that it will give the opportunity to focus on key areas in Saskatchewan, and the proceeds from the sale of licenses will allow the company to significantly increase the exploration program in the region, Foam lake (Foam Lake), where there were already conducted extensive seismic and preparing for drilling.Along with the “Akron” was looking for a strategic investor in the canadian project. In 2012, the company entered into with Rio Tinto the agreement to establish a joint venture for the development of potash deposits under nine license areas with an area of 241 thousand hectares For 32 percent of the joint venture Rio Tinto paid 2,125 billion rubles. While subsequently, the foreign partner can increase its share to 80%. To start production expected in 2018. In “Akron” had hoped that despite the deeper layers (1-1,2 thousand m), the development cost will be cheaper due to more rich sodagrit minerals in the ore. Finally SP was issued in the summer of 2014, and since then the partners do not hurry with the development of properties. In 2017 Acron explained that the priority for the company is the Russian potash project at the Talitsky GOK (belongs to the structure of the company CWC). The company has long sought for his money and has received funding from VEB.Of the Russian Federation on $1.45 billion only at the end of 2019.Olga Matushenko
