Archive for the ‘Resources’ Category

Potash Sector Profile Shows Big Potential in Arizona

Tuesday, February 19th, 2013

A profile of the Potash sector and its huge potential in the Holbrook Basin and the Real AZ Corridor has been posted on the Corridor’s website: Potash Sector Profile HERE

Potash mining, processing and distribution has the potential to become a major economic driver in northeastern Arizona, creating jobs, capital investment and indirect economic development. Estimates forecast that there could be up to 2.5 billion tons of potash in the region, with a mining life of up to 80 years. Read more online …

The Importance of Potash Mining to the Real AZ Corridor

Friday, January 25th, 2013

Potash mining can bring various benefits to a region. Economic benefits can include royalty revenues for mining on public lands, state and county ad valorem taxes and sales tax revenues. Short-term construction and permanent mining and processing jobs are created. Economic growth results from spending by mining companies and their workers, new business for local service providers and suppliers, payments to local property owners, and the creation of businesses that are necessary to support mining or that are enabled by it. Workforce training programs often develop through investment by nearby communities and educational facilities. Mining companies often make direct community investments by improving or expanding infrastructure, and by sponsoring new educational programs or medical facilities and services.

The emergence of a significant potash mining sector can also be expected to attract the development of related businesses, including transportation (truck, rail), equipment sales, maintenance and repair; and road salt sales and marketing (an output of potash mining).

There is also the potential to develop solar fields on land above underground potash mines. Marine algae farming requires water which is similar in brine content to that utilized in potash mining. It is feasible that successful algae cultivation could take place on land which is above or immediately adjacent to underground potash mines. Algae & Other Biosciences is one of the four high potential development sectors identified in the Real AZ Corridor.

Primary targets for sector-related development would include trucking and transportation companies, including fuel providers and paving companies; ventures that support high volume industrial rail traffic; and companies which sell, maintain, rent and repair mining equipment and trucks or truck parts. A strong secondary road salt sales and marketing sector could emerge, targeting high snow and mountainous regions surrounding the Holbrook Basin.

Learn more about the potential of potash and other sectors on the Real AZ Corridor website at www.realazcorridor.com

Asset Inventory Highlights Real AZ Corridor

Wednesday, November 30th, 2011

An all-new, full-color Regional Asset Inventory for the Real AZ Corridor is now online. You can learn about Arizona’s Energy and Economic Development Corridor, in detail, HERE.

The document includes 2010 Census data, ESRI and Claritas site selection market estimates and information on key sectors for economic growth: Forestry, Mining, Energy, Biosciences and more. It is a ‘living document’ that will be updated regularly … and expanded as new data is released.

Also onboard: The latest information on economic development incentives offered by the Arizona Commerce Authority through Arizona’s new Competitiveness Package. You’ll find the Asset Inventory, all of this information and more on the Real AZ Corridor website at www.realazcorridor.com  .

 

Potash Projects Hold Big Potential For Corridor

Tuesday, November 1st, 2011

The Real AZ Corridor is Arizona’s energy and economic development corridor. It may also turn out to be America’s potash corridor, with multiple potash market development projects at work in the Holbrook area. It is becoming apparent that the Real AZ Corridor could become one of the world’s leading, long-term producers of potash. That could mean hundreds of construction and mining jobs in the Corridor  — and not just now, but for many years to come.

Learn about Passport Potash’s Holbrook Basin project by watching this informative video HERE.

Learn about the American West Potash project, which is also located in the Holbrook Basin, through this company presentation HERE.

Potash is only one of the many resources that put the ‘R’ in the REAL AZ Corridor, where REAL stands for Resources, Energy, Access and Lifestyle.