Posts Tagged ‘Arizona Commerce Authority’

Real AZ Corridor Debuts Potash Sector Website

Thursday, April 18th, 2013

holbrook basin potashThe Real AZ Corridor debuted a website today dedicated to the development of the high-potential Potash Mining, Processing and Distribution sector in northeastern Arizona. The website can be viewed at www.azpotash.com , and also at www.potashsector.com . A new page was also added to the Real AZ Corridor website at www.realazcorridor.com  

The azpotash.com site includes a Potash Sector profile; links to the websites and Preliminary Economic Assessments of the major mining interests; permit information; resources and links to related topics and sources; news on emerging business, job and training opportunities; and information on the Real AZ Corridor and its strategy to capitalize on the economic growth that potash mining will bring to the region.

The website was funded through a Vision Grant from the Arizona Commerce Authority.

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  .