PUBLISHED: 4 : 31 on November 8, 2023.
Three operators for the mining of potash have been asked by Prime Minister Srettha Thavisin to hasten the start of their mining operations, warning that if they don’t start right away, fresh bids may need to be made in order to find new concessionaries to take their place.
” Thailand is the second-largest source of potassium in the world, after Canada.” The substance is expensive and in high demand, especially in China, he claimed.
Three operators have already been chosen, but they need to be rushed because mine has not yet started.
” A new selection of concessionaires will be conducted in the event that they cannot start [ anytime soon ].”
Asean Potash Chaiyaphum Plc, Thai Kali Co., and Asia Pacific Power Corporation Limited are the three contractors.
The previous government was asked to approve a fresh Asia Pacific Potash Corporation Limited sodium excavation project in Udon Thani on June 29 of last year, and the case complied.
Suriya Jungrungreangkit, the transport minister at the time and the minister of business, stated that this potassium mining project would make a significant contribution to Thailand’s effort to address the lack of fertilizers.
Contractors are anticipated to produce up to 33.67 million kilograms of potash over the course of the 25-year name, according to him at the time, with a 2 million ton annual mining capacity.
While its Udon Thani mine job has now received authorization in public sessions and passed an environmental impact assessment, Asia Pacific Potash Corporation Limited has applied for the force to start operating the sodium me, according to a cause.
According to the cause, the force should be approved within six to a month.
According to the cause, Thai Kali and Asean Potash Chaiyaphum have already received potassium mine permits from the ministry for their respective mining operations in Nakhon Ratchasima.
According to the cause, the combined production ability of these three mine is up to 3.2 million tonnes of potash annually.