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Migao Corporation (TSE:MGO) announced a supply agreement with Potash Export Company for a decade’s supply of potash.
Migao Corporation (TSX:MGO) announced a supply agreement with Potash Export Company for a decade’s supply of potash.
The press release is quoted as saying:
As part of the terms of the agreement, Migao will prepay USD $100 million, with further payments to be negotiated and advanced prior to the initial potash delivery in January 2013.
To read the full press release, click here.