Wednesday, December 2, 2009

Rio Colorado Potash, mining operation in Argentina

This is a Rio Tinto's corporate video made in 2007 that describes operations on the Rio Colorado potash project.
Vale bought it from the Anglo-Australian company last January. Estimated resources amount to 410 Mt.
Rio Colorado comprehends the development of a mine with an initial nominal capacity of 2.4 Mtpy of potash and potential to be expanded up to 4.35 Mtpy
Project development will include the construction of a 400km railroad, a port terminal in Bahia Blanca and a thermoelectrial plant on the extraction site.
Vale is expected to invest around US$ 4 billions in that project.
All the production is expected to be exported to Brazil as Argentina almost doesn't consume potash.

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