Statement – Portland Bulk Terminals

Last week, a failure occurred on a conveyor at Canpotex’s Portland Bulk Terminal.  There were no injuries to people or impacts to the environment.  Canpotex is assessing the damage and all potash loading at the terminal is curtailed until the conveyor can be repaired. It is expected that the impact to volumes can be largely mitigated by redirecting product to other ports in North America, with impact on costs being assessed.