Reuters reported that Russian Potash maker Acron has secured financing for a $1.5 Billion potash project through three banks.

As quoted in the market report:

Acron has attracted Russian state bank Vnesheconombank (VEB), Eurasian Development Bank and Raiffeisenbank to finance construction of its Talitsky mine in Russia’s Urals region, which aims to start potash production in 2016, the company said on Thursday.

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