Potash global review: tunnel vision
By Simon Moores
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
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| Glow of optimism: underground mining at
PotashCorp.’s 4m. tpa Laningan mine in Saskatchewan,
Canada. Courtesy PotashCorp |
In the fertiliser minerals world potash does not play by the
rules.
Considering the present market challenges facing the
potassium bearing mineral, its price should have plummeted in
the last...