lunes, 15 de enero de 2018

Vale closes sale of fertilizer business to Mosaic for $1.4bn

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Potash News Digest
Tuesday 16 January 2018
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Brazilian mining giant is retaining control of the TIPLAM port terminal, which was originally included in the deal.

Decision doesn't mean the miner has abandoned plans to capitalize on the electric-car boom, sources familiar with the matter say.

The bulk of new capacity would come online in 2019.

The South American miner wants to retain control of the TIPLAM port terminal, which is an asset originally included in the deal.

New acquisition would increase the Canadian company's holdings in Salta to 8,664 hectares.

Potash Corp of Saskatchewan Inc (POT.TO) and Agrium Inc (AGU.TO) have received final regulatory clearance to merge, forming a new company to be known as Nutrien.

Farmers shouldn't be too concerned yet that the recent Agrium, Potash Corp of Saskatchewan merger will cause an increase in the price of fertilizer, at least according to the president of one provincial producer group.

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