Gensource Potash says Canada’s Productivity Mega Deduction boosts economics of Tugaske potash project
Bitget2026/09/23 11:05- 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.
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