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Canpotex announces $500M Port of Vancouver investment for potash shipping

The Canadian Press
Canpotex announces $500M Port of Vancouver investment for potash shipping

VANCOUVER — Canpotex, a joint venture owned by the Mosaic Company and Nutrien Ltd., has announced a $500-million investment in a terminal located at the Port of Vancouver.

The company says the project will replace and modernize infrastructure at Neptune Bulk Terminals, including shiploaders, conveyors and more.

Canpotex says Âé¶¹´«Ã½Ó³»­ is expected to be completed in 2028, with shipping continuing uninterrupted during the process.

Saskatchewan Premier Scott Moe says in a news release that by moving more potash to international markets, the project will support economic growth in the province and Âé¶¹´«Ã½Ó³»­ as a whole.

Canpotex CEO Gordon McKenzie says the investment means it will be able to export potash through the Port of Vancouver for decades to come.

Saskatoon-based Canpotex markets and delivers potash produced by Mosaic and Nutrien.

©2026 The Canadian Press

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