IM Phosphate News in Brief 29 November – 4 December

By Kasia Patel
Published: Tuesday, 04 December 2012

Phosagro ups Metachem ownership to 100%; Togo phosphate shortlist announced

Russian phosphate-based fertiliser producer PhosAgro is to invest Russian Ruble (R) 1.2bn ($30m) to increase its ownership in Metachem to 100%.

The agreement, which was unanimously approved by Metachem representatives on 26 November 2012, will increase PhosAgro’s direct ownership in Meta?hem’s authorised capital to 66.79%, and PhosAgro Group’s total...

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