There is a lot of uncertainty around the German mining company K+S. They have been under investigation for not following proper procedures regarding their disposal of waste water. A report found that they were not doing their due diligence in properly taking care of waste water. K+S have had to lower their earning expectations as a result.

Key Takeaways:

  • The interim results of a German environmental regulator’s probe into waste water discharge by K+S will keep the potash mining company in limbo.
  • Under a preliminary permit, K+S has been forced to suspend production intermittently at major mines.
  • A K+S spokesman said the company was still addressing questions from the regulator and it remained convinced its request for waste water discharge was fully approvable.

“Under a preliminary permit, K+S has been forced to suspend production intermittently at major mines.”

https://www.google.com/url?rct=j&sa=t&url=https://uk.reuters.com/article/us-k-s-wastewater-idUKKCN1181WQ&ct=ga&cd=CAIyHDVhYzUwNjJkOWI1NjJhN2E6Y29tOmVuOkdCOlI&usg=AFQjCNFjjPYEjrsGHOpw6dfosd2EzJQDNQ

 

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