Israel Chemicals' new CEO Stefan Borgas warns Israel's phosphate reserves are drying up and...


Israel Chemicals' new CEO Stefan Borgas warns Israel's phosphate reserves are drying up and calls on the government to grant the company licenses to mine at a new site in the Negev desert that would secure reserves for 30 years. ICL is a takeover target of Potash Corp. (POT), an action Israel's new finance minister Yair Lapid says he would "vigorously" oppose.
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  • Michael Bryant
    , contributor
    Comments (6924) | Send Message
     
    So potash prices might go up or are already up. Good for nitrogen fertilizer makers (CF), (TNH), and (RNF). Also probably good news for (UAN) and (SQM).
    10 Apr 2013, 11:14 AM Reply Like
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