
The cabinet on Tuesday gave the Asia Pacific Potash Corporation (APPC), a wholly owned subsidiary of Italian-Thai Development Plc, permission to embark on a 36-billion-baht potash mining project in Udon Thani.
According to Industry Minister Suriya Jungrungreangkit, the government expects the project to help Thailand save money from importing potash, which is a significant raw material for fertiliser production, and address the ongoing fertiliser price spike.