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September 30, 2008
Roßleben potash deposit:
K+S presents concept for construction of a new potash plant
With an investment and operating concept for the construction of a new potash plant, the K+S Group is participating in the invitation to tender of the Querfurter Mulde / Bad Bibra potash deposit near Roßleben. Today the company presented to the owner of the corresponding mining property, the Gesellschaft zur Verwahrung und Verwertung von stillgelegten Bergwerksbetrieben mbH (GVV), a concept with which an investment of more than EUR 600 million could create about 700 permanent jobs in the region. The economic environment for the reactivation of the deposit has improved as a result of the globally rising demand for potash fertilizers.
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