Allana Potash (ALLRF.PK), the developer of a $642M potash mine in Ethiopia, says predictions of...

|About: Allana Potash Corp (ALLRF)|By:, SA News Editor

Allana Potash (ALLRF.PK), the developer of a $642M potash mine in Ethiopia, says predictions of a global oversupply of potash are overblown because forecasts include mines that aren’t yet in production and may be shelved or canceled because of rising construction costs. Cantor Fitzgerald shares the view: "The fears come from the fact that there is overcapacity, but there certainly isn’t oversupply."