Frankfurt | Reuters — German potash and salt miner K+S said it was looking into selling stakes in its North American businesses because an ongoing cost cutting push would not […] Read more
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Tag Archives k+s
K+S considering sale of stakes in potash, salt businesses
K+S cuts output on weak potash demand
Frankfurt | Reuters — German mineral miner K+S will cut production of potash fertilizers, dragging core earnings lower, as a halt imposed by China on potash imports dampens global markets. […] Read more
Nutrien steers potash recovery as BHP waits in wings
Winnipeg/London | Reuters — Canada’s Nutrien, the world’s biggest potash miner by capacity, has helped engineer a surprising price rebound for the fertilizer by idling capacity. Now the trick will […] Read more
K+S expects earnings gain from Saskatchewan mine
Frankfurt | Reuters — German potash miner K+S vowed to increase earnings significantly this year, as it ramps up production at its new Bethune, Sask. mine and after temporary restrictions […] Read more
K+S to pool salt, potash units amid overhaul
Berlin | Reuters — German minerals miner K+S plans to integrate its salt and potash units as part of a strategic overhaul, it said on Monday as it set itself […] Read more
BHP stays course on potash mine few expected built
New York | Reuters — BHP Billiton’s Canadian potash mine will use advanced, cost-saving technology, giving it a competitive edge in a currently oversupplied fertilizer market, the executive in charge […] Read more
K+S vows new Saskatchewan mine won’t undermine prices
Frankfurt | Reuters — German potash miner K+S vowed it would not have to undercut rivals on price as it brings two million tonnes of new potash capacity to the […] Read more
Mosaic looks to restart Saskatchewan potash mine
Reuters — U.S. fertilizer producer Mosaic Co. may need to restart its idled potash mine at Colonsay, Sask. next year, as international buyers work through inventories, the company said on […] Read more
Fertilizer merger faces easier approval at home than in U.S.
Toronto/Washington | Reuters — Canada’s PotashCorp and Agrium are more likely to win approval for a potential merger in Canada than in the U.S., but U.S. rejection of the deal […] Read more
PotashCorp withdraws takeover bid for K+S
New York/Frankfurt | Reuters –– PotashCorp said Monday it had withdrawn its 7.9 billion euro (C$11.6 billion) offer for German potash producer K+S, citing a decline in global commodity and […] Read more