Using the following website, read the news article or watch the video to answer the question below. Please submit to the Dropbox on Brightspace designated for this activity.

https://regina.ctvnews.ca/mosaic-announces-immediate-closures-of-esterhazy-k1-k2-potash-mine-shafts-1.5456391

1. What are the names of the potash mines closing? (1 mark)

2. When were the mines originally scheduled to close? (1 mark)

3. How many tonnes of potash is expected to be lost due to the closures of the mines? (1 mark)

4. Economically speaking, why is the company focusing on the year 2022? (2 marks)

5. Economically speaking, what impact do these closures have on supply, demand, and price? (5 marks)