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Potash war: what’s new?

Last July, Uralkali quit the cartel it was forming with Belaruskali, and which controlled around 40% of the world’s trade in potash, saying it would seek to maximize its own volumes. It warned that prices could fall as much as

Is the Russia-Belarus potash war over?

The Russia-Belarus potash war could be ending as Suleiman Kerimov, the Russian oligarch and primary shareholder of the world’s largest potash miner Uralkali, has agreed to sell his 21.75 per cent stake to billionaire businessman Mikhail Prokhorov, in a move

Potash war, round 2: China gains 12.5% stake in Uralkali

China‘s sovereign wealth fund (CIC) has acquired a 12.5 percent stake in Uralkali, the Russian fertilizer giant currently embroiled in a highly politicized dispute with its Belarusian counterpart, according to a statement released by Uralkali on Tuesday. Analysts said the

Russia/Belarus: Potash War Declared!

Potash is produced worldwide at amounts exceeding 30 million tonnes per year, mostly for use in fertilizers. In 2013, almost 70% of potash production was controlled by two cartels, Canpotex (Canada) and the Belarusian Potash Company (Russia/Belarus). The latter was