Russia’s Uralkali to supply 600,000t of potash to India before year-end
The contract was signed earlier this year, according to a Reuters source.
Global BC reported that Canada’s federal government had documentation to indicate that selling Potash Corp. (NYSE:POT) to BHP (NYSE:BHP) could cause the government to lose revenue.
The market news is quoted as saying:
Premier Brad Wall, who waged a high-profile campaign to block the deal, has estimated the province would lose between $3- to $6-billion in revenue over the course of a decade if PotashCorp were sold.