Russia’s Uralkali Eyes Potash Number One Spot

Reuters reported that Uralkali (LON:URKA) is considering more expansion as potash demand increases.

The market news is quoted as saying:

Increasing brownfield capacity by about 2 million tonnes next year will put the company within striking distance of Canada-based global market leader Potash Corp’s 13.3 million tonnes of annual capacity. “We hope to take the No. 1 position in the short term,” chief executive Vladislav Baumgertner told reporters on Thursday in Moscow.

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