K + S OKs C$3.35bn Saskatchewan Potash Mine
Mining Weekly reported that K + S Aktiengesellschaft (ETR:SDF) is planning a larger potash mine in Saskatchewan, pushing the cost of the project up.
Mining Weekly reported that K + S Aktiengesellschaft (ETR:SDF) is planning a larger potash mine in Saskatchewan, pushing the cost of the project up.
Bloomberg reported that K+S AG (ETR:SDF) revised its potash sales and profit outlook.
Reuters reported that K+S (ETR:SDF) increased its benchmark prices on higher demand from farmers.
Bloomberg reported that shares of K+S (ETR:SDF) were down on news that profits were lower than analysts expected.
Reuters reported that K+S (ETR:SDF) is reportedly in negotiations to sell its Compo unit to a private investor.
A new legislation passed in North Dakota has piqued worldwide interest in the state's local potash deposits.
Concerns that grain surpluses are quickly being depleted have impacted regional markets in a variety of ways. These actions remain geographically diverse and attention must be paid to regional market trends in order to understand firm and potash market dynamics.
The underlying structure of the potash market is changing to reflect the new world economy, but one thing will stay the same; people need to eat. The long-term fundamentals of the potash market are supported by increasing populations around the world, and decreasing arable land.
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