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Potash News Digest
Monday 20 November 2017
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Rumours point at US chemical company Albenarle Corporation as the first potential buyer for PotashCorp interest in SQM, worth about $4.5 billion.

London hedge fund giant Lansdowne Partners lost a long-term bet against Glencore this year after the spectacular recovery of the miner took some by surprise.

“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

EuroChem Group AG spending over $6bn on two mines to produce potash, a mineral found deep in the Earth that’s prized for its ability as soil fertilizer.

Mining giant is eying the 32% interest in SQM that PotashCorp is selling to fulfill China's regulators condition for the approval of the its friendly merger with smaller rival Agrium.

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