Lithium firms’ shares rise after Rio Tinto buyout rumour
The acquisition talk comes as Rio faces challenges in developing its Jadar lithium project in Serbia.
Canadian Business reported that potash is not getting to big a boost from rising crop prices. Wayne Brownlee, chief financial officer with Potash Corp. of Saskatchewan, made the comments at an industry conference on Wednesday:
“What you’ve seen is a more moderated price increase in fertilizer that has not matched the increase in agriculture commodity prices. And so it’s leaving the farmer in a very healthy situation,” he told a Scotiabank fertilizer industry conference.