Nutrien sees supply chaos hampering fertilizer market into 2023
Fertilizer prices have soared to all-time highs as Russia’s invasion of Ukraine and sanctions on Belarus threw a massive chunk of the world’s supply into disarray.
Miner will try raising $600m first, which will allow it to finish sinking shafts and access the world's largest deposit of polyhalite, a type of fertilizer.
New report shows private funds raising money for investment in metals and mining came up empty in Q3 and so far this year commitments total a paltry $100m.
The future of the company and its huge fertilizer project beneath the park were thrown into doubt last month, after Sirius’ $2.5 billion funding plan failed.