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  • January 28, 2025
  • Industry News
Closed Kapuskasing phosphate mine has new owner, and maybe new life

B.C.-based Infracon Construction wants to revive the former Agrium Phosphate Mine outside Kapuskasing.

Infracon announced Dec. 19 of it has acquired the past-producing open-pit mine from a numbered company (2333382 Ontario,) along with a Matheson processing plant, and some mineral properties.

The mine site is 40 kilometres southwest of Kapuskasing. It ceased operations in 2013.

A news release placed no dollar value on the transaction.

The assets will be managed by a subsidiary of Infracon dubbed KAP Minerals. Geoff Hampson, CEO of Infracon Construction, will steer this company.

Infracon said will “deploy substantial capital” to bring the mine back into production and provide training and jobs.

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Read the full story on Northern Ontario Business

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