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  • IM Agriminerals News in Brief 27 June – 3 July 03 July 2015

    PhosAgro merges businesses; BPC signs Indian contract; Arianne Phosphate reduces production costs; EMP Mining Ventures rebrands to Crystal Peak Minerals. Read More

  • PotashCorp calls for cross-company meeting, says K+S concerns can be addressed 03 July 2015

    Rebuffed by K+S, PotashCorp is now seeking to woo the German potash and salt producer by allaying its fears and calling for a meeting of both companies’ management teams. Read More

  • K+S rejects PotashCorp takeover bid 02 July 2015

    The Germany-based potash producer has multiple points of refusal for PotashCorp’s bid for all shares. Among them was a “disregard” of the value of the greenfield Legacy mine and a lack of protection for German workers. Read More

  • Quebec plans $1.2bn port investment 02 July 2015

    The province’s government has invested $1.2bn in port infrastructure to improve dry bulk logistics at Montreal. Industrial complexes, logistics hubs and intermodal sites will be built under the plans. Read More

  • Natural Resources Forum: The switch to growth 01 July 2015

    A research report by EY has concluded that companies need to focus on a return to industry growth, which will come about sooner than previously thought owing to operational improvements, capital efficiency and high opex miners dropping out of the cost curve. The firm believes that if mining companies do not start to refocus on growth, a supply crunch could emerge. Read More

  • York Potash approved as Sirius triumphs in close-run vote 01 July 2015

    The result may have been tight – 8 to 7 – but Sirius has its permit for the York Potash project. While the result is open to legal challenge for six weeks, the decision is a big step for the company towards constructing its £1.7bn project. The long strides will need to continue however, if Sirius is to raise the substantial capital cost for the project. Read More

  • Perlite Canada incomes rise despite turbulent currencies 30 June 2015

    Buying vermiculite and perlite in US dollars has reduced the company’s earnings owing to higher purchasing costs, but has been offset by a claim against the company being converted to Canadian dollars, reducing its effect, and contributing to an overall increase in net earnings for Perlite Canada. Read More

  • Uralkali Q1 revenue drops 6% as potash demand remains low in key markets 30 June 2015

    Weak consumption of potash globally and lingering issues with the company’s flooded Solikamsk-2 mine have resulted in lower revenue, production and sales volumes for the Russian miner, despite higher y-o-y potash selling prices. Read More

  • IM Agriminerals News in Brief 20 – 26 June 26 June 2015

    Sirius Minerals faces opposition ahead of permitting; Potash Minerals decides not to appeal potash ruling; Aguia extends Cerro Preto strike length. Read More

  • Canpotex to purchase 700 railcar units 26 June 2015

    By using an innovative design, Canpotex has increased its rail logistics capacity by 90% without adding new trains. The company has opted to continue purchasing the specialist railcar units from its partner since 1999, National Steel Car. Read More

  • PotashCorp submits takeover proposal to K+S 26 June 2015

    Consolidation in the potash industry has been widely expected by market players for a while now. PotashCorp’s bid appears to be driven by a desire for market consolidation, rather than to attain extra supply advantage. Read More

  • SQM hits back at CORFO claims but faces questions over water use 24 June 2015

    The Chilean miner has issued a statement clarifying the status of arbitration proceedings between the company and state development body CORFO, asserting that neither party has walked away from the negotiating table. Meanwhile, SQM is said to be facing increasing pressure over its water usage for its iodine operations in Tarapaca. Read More

  • Uralkali rumoured to be considering Uralchem merger as a private company 24 June 2015

    The reported interest in Uralkali merging with Uralchem is just a rumour – for now. Both producers may wish to emulate the strategy of the North American fertiliser majors in becoming integrated complex fertiliser suppliers to add value, though analysts appear unconvinced that a deal is really on the table. Read More

  • Centrex Metals writes down iron ore to focus on potash 24 June 2015

    Centrex Metals is shifting its focus following an $A17.4m writedown on its iron ore assets to concentrate on its Oxley potash project, a non-standard, igneous source of potassium fertiliser. Read More

  • IFS 2015: Transitioning from volume to value in fertilisers 24 June 2015

    Fertilisers have been a bulk game since their most recent round of major technological advancement in the Green Revolution that took place from the 1940s to 1970s. This needs to change – and micronutrients and nanotechnology are paths to add value, not volume, to fertiliser markets, delegates at the IFS Conference 2015, heard. Read More

  • IFS 2015: New struvite fertiliser can reduce runoff 23 June 2015

    Canadian company Ostara has big ideas for closing the usage cycle and reducing eutrophication the phosphate industry. By introducing a wastewater-sourced struvite phosphate fertiliser, which has a low water solubility, one of the most damaging environmental problems associated with fertiliser application could be ameliorated. Read More

  • IFS 2015: Recovering phosphate from wastewater is commercially viable 23 June 2015

    Legislation may be required to encourage development, but commercially feasible methods of phosphate extraction from wastewater streams are now in the late stages of research. As a non-renewable resource, phosphate will need to be recycled sooner rather than later. Read More

  • Israel Chemicals signs 835,000 tonnes potash contract with Indian customers 22 June 2015

    Indian fertiliser markets are bucking worldwide trends in industrial minerals markets, according to the agrimineral suppliers delivering to the continent. Demand and contract prices are rising in the country, though structural problems such as an inefficient subsidy scheme remain. Read More

  • IM Agriminerals News in Brief 13 – 19 June 19 June 2015

    PhosAgro commissions new mineral fertiliser terminal, signs drilling and blasting contract; Danakali submits final environmental baseline assessments; Potash West terminates German potash divestment deal; Arianne signs First Nations agreements. Read More

  • MagIndusties auditor resigns as company battles TSX delisting 18 June 2015

    MagIndustries has had a troubled start to 2015. The company, which is investigating bribery allegations relating to its activities in the Congo, the site of its potash project, faces delisting if it is unable to find a new auditor before the 30-day deadline for TSX compliance passes. Read More

  • York Potash economic benefits “do not outweigh” harm, says planning committee 18 June 2015

    A 16% fall Sirius Minerals’ share price indicates that the release of this non-binding report has spooked investors anticipating the York Potash project planning decision, due 30 June. The company maintains, however, that even in the event of its application being declined, it has enough of cash in reserve for an appeal. Read More

  • AkzoNobel-Evonik JV chemicals plant to require 175,000 tpa potash 17 June 2015

    New environmental regulations have shunned old potassium hydroxide and chlorine production methods, leading towards AkzoNobel and Evonik’s electrolysis plant joint venture. Read More

  • Allana shareholders approve Israel Chemicals takeover 16 June 2015

    Equity holders in Allana have approved ICL’s buyout offer by a strong, 9:1 margin. ICL has increasingly looked abroad to international investments as business conditions worsen at home. Read More

  • IM Agriminerals News in Brief 6 – 12 June 12 June 2015

    Uralkali secures investment, expands loan facility further; ICL faces pollution claims in Tel Aviv court; Celamin repays funding facilities; EPM Mining set to benefit from Utah tax break. Read More

  • EuroChem reveals phosphate expansion plans at Kovdor IM June 2015

    The phosphate miner is to extend its mine life while pursuing cost-cutting via vertical integration. EuroChem says it expects to beat oversupply situation with economics. Read More

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