Perth Firm Plans Australia’s 1st Potash Output

Sydney Morning Herald reported that Potash West (ASX:PWN) is planning to become Australia’s first potash producer.

The market news is quoted as saying:

Perth-based Potash West hopes to break into this tightly held market, which is dominated by about 10 mainly Canadian companies and a marketing OPEC-like “cartel”, Canpotex. Demand for the fertiliser input is set to rise as the world strives to meet food needs amid expanding populations.

To read the full market news, click here.