0.28999999 CAD
0.01
3.57%
Last update Dec 16, 3:57 PM EST
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Karnalyte Resources Inc.
0.29
0.01
3.57%

Overview

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Description

Karnalyte Resources Inc. is a Canadian company specializing in the exploration and development of potash and nitrogen fertilizers. Its principal project is the Wynyard Potash Project in Saskatchewan, which is designed to produce high-grade granular potash through a modular, phased approach, beginning with a planned annual output of 625,000 tonnes and eventual expansion to 2.125 million tonnes per year. The company holds 100% mineral rights to significant subsurface leases covering 367 square kilometers. Karnalyte also aims to establish the Proteos Nitrogen Project, targeting small-scale nitrogen fertilizer production with a focus on serving independent wholesalers in central Saskatchewan. A notable aspect of Karnalyte’s market positioning is its strategic partnership with Gujarat State Fertilizers and Chemicals, which has secured long-term purchase agreements for a substantial portion of initial phase production. Karnalyte Resources Inc. is recognized for its commitment to minimizing environmental impact in its operations, striving to become a low-cost producer of premium fertilizers that play a vital role in supporting the agricultural and industrial sectors.

About

CEO
Employees
1
Address
409 3rd Avenue South
Suite 1201
Saskatoon, S7K 5R5, SK
Canada
Phone
639 398 6478
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Agricultural Inputs
Country
Canada
MIC code
XTSE
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