China’s Evergreen Industries to Buy MagIndustries
Reuters reported that MagIndustries Corp. (TSE:MAA) will be sold to Evergreen Industries Group if the Chinese government approves the sale.
Reuters reported that MagIndustries Corp. (TSE:MAA) will be sold to Evergreen Industries Group if the Chinese government approves the sale.
Shrinking potash inventories are providing a clear signal that the market can bear another price increase. Potash inventories held by North American producers dropped by 183,000 tonnes in March, leaving inventories at 1.8 million tonnes, 26 percent below the five-year average.
The fight to hold ownership of Potash Corporation of Saskatchewan is heating up as CEO Bill Doyle announces that several parties have expressed interest in bidding for the global potash giant.
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