Lure of Anglo’s copper mines could test BHP’s spending resolve
BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline.
Reuters reported that the spot price for Brazil potash from Belarus Potash will increase.
The market news is quoted as saying:
BPC, a joint venture between Belarussian state firm Belaruskali and Russia’s Uralkali, said the move reflected higher global demand for potassium-based fertilizers and limited stocks.