Potash global review: tunnel vision
Published: Monday, 27 April 2009
As potash soared towards $1,000/tonne in 2008 it was hailed as the first mineral to smash the high bulk, low value perception of industrial minerals. When the global economy crashed in September of that year, demand for potash quickly evaporated. Despite this, producers remain highly focused on significantly expanding existing operations
by Simon Moores, Senior Assistant Editor
In the fertiliser minerals world potash does not play by the rules.
| Glow of optimism: underground mining at PotashCorp.s 4m. tpa Laningan mine in Saskatchewan, Canada. Courtesy PotashCorp|
Considering the present market challenges facing the potassium bearing mineral, its price should have plummeted in the last...