Gensource Potash says Canada’s Productivity Mega Deduction boosts economics of Tugaske potash project

Bitget2026/09/23 11:05

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Gensource highlighted Canada’s new Productivity Mega Deduction as a material boost to after-tax economics for its Tugaske potash project.
Measure allows 100% immediate expensing of eligible capital when assets are available for use, replacing multi-year depreciation.
Eligibility expands to more than 65% of capital investment from about 15%, explicitly adding mining property.
Tugaske technical refresh targets 500,000 tonnes per year of MOP, up from 250,000 tonnes per year.
Original capital estimate was about CAD 352 million; immediate expensing could accelerate capital recovery for lenders, shareholders in early years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gensource Potash Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 202609230700NEWSFILECNPR____20260923_315595_1) on September 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Gensource Potash says Canada’s Productivity Mega Deduction boosts economics of Tugaske potash project

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