Jordan's APC exports 90,000 metric tonnes of bulk potash to China

The company’s profits topped the Kingdom’s 184 public shareholding companies

  
Image used for illustrative purpose. Mill manager Josh Wheeler examines a pile processed potash at the Mosaic Potash Colonsay mine storage facility in Colonsay, Saskatchewan September 24, 2009. Potash drilled from the earth is carried up to the surface on a conveyor belt where it is processed into a usable product. The global commodity boom and bust has lifted a little-known crop nutrient called potash out of obscurity, turning the the global potash industry into an investor darling and highlighting the power of a handful of producers to control prices. REUTERS/David Stobbe

Image used for illustrative purpose. Mill manager Josh Wheeler examines a pile processed potash at the Mosaic Potash Colonsay mine storage facility in Colonsay, Saskatchewan September 24, 2009. Potash drilled from the earth is carried up to the surface on a conveyor belt where it is processed into a usable product. The global commodity boom and bust has lifted a little-known crop nutrient called potash out of obscurity, turning the the global potash industry into an investor darling and highlighting the power of a handful of producers to control prices. REUTERS/David Stobbe

REUTERS/David Stobbe

AMMAN — The Arab Potash Company (APC) on Tuesday exported 90,000 metric tonnes of bulk potash to China, the largest shipment in its history.

APC Board Chairman Shehadah Abu Hdeib said that APC’s net profit in 2020 totalled JD127 million despite the unfavourable market conditions due to the coronavirus pandemic.

He also noted that the company’s profits topped the Kingdom’s 184 public shareholding companies, according to the Jordan News Agency, Petra.

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