Mining.com reports that the Industrial Commercial Bank of China (ICBC) and China Construction Bank have acted as lenders of a $530 million loan deal between China and potash miner Uralkali (LSE:URALL), the world’s biggest producer of the commodity.
Mining.com reports that the Industrial Commercial Bank of China (ICBC) and China Construction Bank have acted as lenders of a $530 million loan deal between China and potash miner Uralkali (LSE:URALL), the world’s biggest producer of the commodity.
As quoted in the market news,
The news comes less than a month after Belarusian Potash Company (BPC), Uralkali former partner, finished setting supply prices with Beijing, which came below the target sought by both the embattled Russian miner and the North American Canpotex consortium.
ING Bank, Societe Generale, Nordea Bank, Commerzbank, IKB and Natixis also took part in yesterday’s deal as lenders.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1797.03 | +8.04 | |
Silver | 20.58 | +0.31 | |
Copper | 3.67 | -0.04 | |
Palladium | 2234.39 | -41.62 | |
Platinum | 960.81 | +5.81 | |
Oil | 92.14 | -2.20 | |
Heating Oil | 3.54 | +0.06 | |
Natural Gas | 8.74 | -0.13 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured {{ post.primary_section_name }} Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.