2009-12-23 15:02

China's hydropower has received the National Development and Reform Commission on the Lao potash project development permission. China's hydropower short-term goal is to achieve a capacity-building in Vientiane, Laos 120 thousand tons potash fertilizer project, the long term goal is to build 1 million tons / year potash fertilizer production capacity Short-term goals is expected to be achieved in 2011. China's hydropower was in February 2006 with the Lao government to sign investment and development Potash Project. ?? After the start of preparatory work for more than three years later, the company has entered the land purchase stage, the signing of mineral resources, process design, exploration and production of potash contract finished. In addition, China's hydropower joint venture with Canada's development of MagIndustries Republic of the Congo Kouilou potash project.

The two companies signed in June this year a memorandum of cooperation development. China's hydropower exploitation of Canadian companies involved in the project's investment is divided into several different levels. The proposed investment of China's hydropower shares 52.7% for the funding to address the Canadian company has developed Kouilou potash project funding. MagMineral Mengo. ?? Headquartered in Toronto, Canada, a wholly owned subsidiary of MagMinerals potash fertilizer companies will be built in areas near Mengo an annual output of 600,000 tons of all the potash plant, the plant from the Congolese port of Pointe Noire in southern deep-water port about 25 kilometers from the ?? Completion of a project needs 1.1 billion U.S. dollars; planning two projects capacity 1.2 million tons / year.

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