Indian consortium plans to buy 30% stake in Acron subsidiary potash project
Published: Monday, 01 December 2014
Acron has so far declined to comment on the potash deal, but if it were to go ahead, it could strengthen its presence in the Indian market. The country is an important region for fertiliser consumption growth and is already one of the world’s largest agrimineral consumers, despite little domestic production.
India-based National Fertilizers Ltd.
(NFL) has released more information on its intentions to
purchase a 30% stake, with other companies, in a potash project
owned by Acron OAO subsidiary, Verkhnekamsk Potash Co.
The project in question — Talitsky —
contains a 99m tonne muriate of potash (MOP) recoverable...