Articles Tagged "asset"

Stockpiles weighing on Potash Prices

By Leia Michele Toovey-Exclusive to Potash Investing News North American potash producers believe the potash market is due for a rebound after a dismal 2009, but analysts claim that potash prices will be sluggish to rebound in 2010. Last month, Belarusian Potash Company reached a deal to sell about one million tonnes of potash to [...]

Rio Sells Potash, Iron-Ore Assets to Vale to Cut Debt

Rio Tinto the world’s third- largest mining company, agreed to sell South American potash and iron-ore assets to Cla Vale do, Rio Doce for $1.6 billion in cash to help meet a debt-reduction goal. Sam Catalano, an analyst at Macquarie Bank Ltd, said: This is a very positive step, given the market’s focus on its balance [...]