Belarus Mining News

China signs long-delayed potash deal with Belarus at 30 pct less than last year’s price

Analysts see the long-awaited deal to sell potash to Chinese buyers as good news for the beleaguered sector, even though the agreed price is dramatically lower than last year’s.

Russia-Belarus potash pact may stage a comeback

Belarus has said it might cooperate with Uralkali, in the first sign the two sides might work together since the Russian potash producer broke off their business alliance in 2013.

Intrepid Potash idles US mine, lays off hundreds

The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.

Potash miners hit by increased competition, supply amid low prices

Analysts, companies expect prices to stay below 2015 levels for at least the next two years.

Canadian potash companies lack major 2016 supply deal

Not only Canadians, but also producers from Russia and Belarus have yet to sign 2016 contracts with Chinese importers.

A Belarus wildcard is shaking up the global market for potash

In the massive Soligorsk mine, workers 2,000 feet below ground are drilling at seams of pinkish rock and rattling a $20 billion commodity market.

Canpotex finalizes pricing deal with China

While it did not release price terms, it is believed the group will be selling its crop nutrient for US$315 per a tonne,

Belaruskali deal with China dents other players’ chances

The move may be the first of many more competitive deals by producers in the potash market, which has historically operated with large joint ventures controlling prices.

Potash producers rejoice — China likely to pay more for it this year

According to analysts from Credit Suisse, Chinese importers will settle at $320 a tonne, versus $305 a tonne they paid last year.

Charges against former Uralkali CEO dropped, potash price war imminent

While criminal charges against Vladislav Baumgertner, former Uralkali CEO, were ditched, he may face further damages claims as part of the so-called potash case.

Why did the price of potash plummet?

Prices are unlikely to reach cartel-era levels, however.

Belarus won’t tax potash exports in 2015

The nation first cut export tariffs to zero in September 2013 and won't reverse measure next year.

The end of a bad year for potash producers; a sprinkle of hope in the new year

'2013 is likely to go down as one of the worst years in the history of the fertilizer industry,' the Motley Fool recently wrote.

Miners warned about Indonesia, Brazil, India and South Africa investments

Terrorism, regime instability and resource nationalism, are the main risks mining investors will face in 2014.

Uralkali gets new owner but potash prices aren't likely to recover

The move could lead to a revival of the world's largest potash export cartel between Uralkali and Belaruskali.

Belarus to cut price of potash to $300

This compares to the $379 per tonne averaged during the first eight months of 2013.

Belaz launches world's largest mining dump truck

Belarusian manufacturer to set a Guinness Record.

Uralkali chief out of jail

Upheavals in the potash market continues.

China grabs a 12.5% stake in potash leader Uralkali

To secure a steady supply in a market shaken by the fresh breakup of the Russia-Belarus oligopoly.

Belarus poised to upend 'paralyzed' potash market once again

The potash world appears ready to go back to its oligopolistic ways.

Russia and Belarus in talks to boost potash exports: report

Through Belarusian Potash Company (BPC).

Belarus logs 19.2% decline in potash fertilizer exports for Jan-Oct

New decree will see increase in number of licensed exporters

Sberbank of Russia enters the potash business in Belarus

Sberbank of Russia will take part in a project to mine a potash deposit in Belarus, as the financial institution confirmed Tuesday the refinancing of the $1 billion loan issued to the Belarusian company Belaruskali, responsible for one-third of the world’s production of the fertilizer.