Knowing very well that economic troubles may lie ahead, executives of major fertilizer companies have stood firm in claiming that their industry is well-positioned to withstand a bumpy ride, and claim that it will take a “severe and prolonged” global recession to crimp fertilizer demand.
Financial Post reported on the prevailing bullish opinion some analysts have on the agriculture industry.
With Belarusian potash miner Belaruskali up for sale, rumours are running wild over who could be a potential suitor for one of the world’s biggest potash producers.
Zack.com analyzes top five companies in the Fertilizers and Agricultural Chemicals industry.
Bloomberg reports that Sociedad Quimica y Minera de Chile SA (SCL:SQM-B) announced fourth-quarter profit due to higher potash prices.
Passport Potash, Inc. (CVE:PPI) has started trading on the OTCQX International.
Kidela reports that IC Potash Corp. (CVE:ICP) announces the commencement of the Ochoa Project Sulphate of Potash Pre-feasibility Study.
Passport Potash Inc. (CVE:PPI) announces that it has engaged Zonge International to complete 50 line-mile seismic survey on the Holbrook Potash Project.
Calgary Herald reports that BHP Billiton Ltd. (NYSE:BHP) has moved its Jansen potash project into the feasibility stage.
Money Control reports that Potash Corp,(TSE:POT) doubles its profit and issued far stronger forecasts for the year ahead, sending its shares more than 3% higher on Thursday.
Wednesday, August 10, 2011