Phosphate face-off

By Simon Moores
Published: Sunday, 22 November 2009

The drying up of credit lines and an uncertain short term future has resulted in a buyers strike for phosphate. After production and price cuts, all suppliers of the fertiliser mineral can do now is play the waiting game

In the last two years, phosphate has become the poor relation to potash. Having been the primary fertiliser raw material for many years, attention from the world’s biggest miners and investment banks has, in the main, turned from phosphate to potash.

This is not to say the phosphate...

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