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Reuters reported that Russian Uralkali may delay two of its potash project expansions, potentially for a decade, depending on the course of action taken by BHP Billiton.
Reuters reported that Russian Uralkali may delay two of its potash project expansions, potentially for a decade, depending on the course of action taken by BHP Billiton.
As quoted in the Reuters report:
This uncertainty is mostly due to BHP project,” Chief Executive Vladislav Baumgertner said in an email exchange with Reuters. “If Jansen is developed, then we will postpone the realization of Solikamsk-3 expansion and Polovodovsky by five to 10 years.