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The RCMP have released an update on the fatal collision near Nanton on Wednesday morning.
Nanton RCMP was dispatched to the incident on Highway 2 at about 4:30 a.m.
A semi-truck carrying two tankers of ammonium nitrate had rolled over into the ditch, spilling the contents nearby.
The driver, a 31-year-old man from Calgary, was pronounced deceased at the scene.
Both southbound lanes were closed into he early evening, but have since been reopened.