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Uralkali Sees Belaruskali as Attractive Target

Tuesday June 28, 2011, 8:39am PDT

Reuters reported that Uralkali (LON:URKA) is interested in buying Belaruskali but doesn’t see an acquisition in the short term.

The market news is quoted as saying:

Prospects for a deal dimmed last week when Uralkali shareholder Alexander Nesis said a takeover was “complicated” and unlikely to take place.

To read the full market news, click here.

Tags: ( LON:URKA), belaruskali, potash, uralkali


Return to Potash Market News Directory
Read next article China Pays More in New Potash Deal with Russia, Belarus
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Featured Stocks

Potash West NL – Developing Potassium-rich Glauconite Deposits in Western Australia

Potash West NL – Developing Potassium-rich Glauconite Deposits in Western Australia

Potash West NL (ASX:PWN,OTCQX:PWNNY) is an Australian based mineral exploration company focused on developing potassium-rich glauconite deposits of the Perth Basin in Western Australia. The company dominates mineral tenure in one of the world’s largest glauconite deposits, which covers an area of over 2,900km2. The Company’s goal is to maximize shareholder value by further defining their substantial potash resource base and bring the deposit into production. Previous exploration has indicated that glauconite sediments are widespread for more than 150km along strike and 15km in width.

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