martes, 17 de octubre de 2017

PotashCorp hires banks to lead sale of stake in Chilean lithium producer

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Potash News Digest
Wednesday 18 October 2017
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Rumours point at US chemical company Albenarle Corporation as the first potential buyer for PotashCorp interest in SQM, worth about $4.5 billion.

The CLEER (Clean, Low-energy, Effective, Engaged and Remediated) project focuses on water use, energy intensity and environmental footprint, with aggressive targets of a 50% reduction in each area by 2027.

It would have opened up for mining a vast national reserve in the country's Amazon, larger than the size of Switzerland.

Ken Mackenzie vowed "to bring a fresh perspective to management's ongoing process of reviewing the portfolio" and "the way we allocate cash".

French firm has secured an eight-year contract to provide power cable and support services for the Mosaic K3 potash mine in Canada.

Company will combine its salt and potash businesses to make savings and target customers more effectively.

BHP Billiton Foundation announced Tuesday its financial support for two new global projects launched at an event held in Washington DC.

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