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Karnalyte Resources’ vision is to become a leading low-cost producer of high quality, low sodium potash for agricultural and industrial markets. The Company intends to construct and operate a solution mining facility capable of producing 2.125 million tonnes of potash per year. The production plan calls for a staged approach to plant construction whereby the first phase of the project will result in production of 625,000 tonnes of potash per year and increase to 2.125 million tonnes of potash per year.
We produce high-quality, cleaner-burning coal that is sold to markets throughout the world. Our equity partner, Galena Private Equity Resource Fund is a metals and mining investment fund managed by Galena Asset Management, which has $2.5 billion in managed assets and is a wholly-owned subsidiary of Trafigura Beheer BV. Trafigura AG is our exclusive marketing agent – Trafigura AG is one of the world`s leading international commodities traders specializing in the oil, minerals and metals markets. They have 81 offices in 56 countries and had $120 billion in Turnover in 2012. Trafigura AG is also a wholly-owned subsidiary of Trafigura Beheer BV.
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Northeast Solite Corp is a Richmond, VA-based company in the Agriculture and Mining sector.