The $40-Billion Potash Pie – for Sep. 2, 2010

American farmers hardly noticed when, in mid- August, news broke that Australian-based BHP Billiton was willing to pay nearly $40 billion for the world’s largest fertilizer producer, Saskatchewan’s PotashCorp. The disinterest was honest; after all, who was BHP Billiton and what did it want with a Canadian fertilizer firm in the steady, if not dull,

Russians Still Set To Hold Potash Pricing Key – for Aug. 26, 2010

European producers will continue to set the tone for global potash pricing, even if BHP Billiton clinches a deal for Potash Corp. of Saskatchewan, the world’s biggest producer of the crop nutrient. Potash Corp. typically tailored its production to supporting prices. But in recent years the Belarussian Potash Company (BPC), the marketing arm of producers


BHP Plan Signals Major Shift In Potash Industry

“It’s been hard enough for juniors to find funding before this (BHP project),…” – CHARLES NEIVERT BHP Billiton’s plans to invest more money in its Saskatchewan potash project could weaken long-term pricing of the crop nutrient, threaten the viability of junior explorers and prove to be a game changer for the global fertilizer industry. The

Mosaic Sees Potash Sales Rising In 2010

Fertilizer producer Mosaic Co. said Jan. 6 it expects shipments of potash to increase in 2010 following dismal demand for the crop nutrient in 2009. The company expects global potash shipments of 47 million tonnes to 50 million tonnes in 2010, compared with global sales of about 32 million tonnes in 2009, a company executive


Potash Slump Hits Saskatchewan

Potash sales in Saskatchewan, one of the world’s richest sources of the crop nutrient, have dropped to their lowest level in 37 years, punching a $1.8-billion hole in the province’s budget. Saskatchewan was expecting $1.9 billion in potash revenue when it set its 2009-10 budget in March, but slashed that estimate to $637.6 million in