Insights and Stories on PotashCorp

Feb. 9, 2016 at 4:44 pm CST

Reuters — Canadian fertilizer and ag retailer Agrium has joined rival PotashCorp in forecasting a weaker-than-expected 2016 profit, as prices for crop nutrients remain weak. Agrium’s Toronto-listed shares fell as much as 5.2 per cent to $110.89, its lowest in a year, as investors ignored a better-than-expected quarterly profit. The […]

By Reuters

Jan. 28, 2016 at 6:12 pm CST

Reuters — PotashCorp has forecast its bleakest year in a decade and slashed its dividend, due to tanking fertilizer prices. Shares of PotashCorp, which also reported lower-than-expected quarterly profit on Thursday, bounced off earlier losses, climbing 1.9 per cent in New York by afternoon. On Monday they tumbled to a […]

By Narottam Medhora, Rod Nickel

Jan. 21, 2016 at 6:24 pm CST

Reuters — PotashCorp’s decision this week to suspend production at its last New Brunswick mine may lead it to shelve plans to build a new West Coast shipping terminal with partners Mosaic Co. and Agrium, CEO Jochen Tilk said on Thursday. Canpotex Ltd., owned by the three companies, has been considering […]

By Rod Nickel

Jan. 19, 2016 at 4:07 pm CST

Reuters — Weak conditions in the potash market will not improve any time soon, PotashCorp’s CEO said Tuesday as the fertilizer company announced it would suspend operations “indefinitely” at its New Brunswick mine. Potash Corp said it was putting its new Picadilly mine near Sussex, about 75 km northeast of […]

By nicole-mordant, Swetha Gopinath

Dec. 29, 2015 at 12:37 am CST

Santiago | Reuters — China’s CITIC CLSA Capital Markets will participate in the process to buy an indirect stake in Chilean crop nutrition and industrial chemical firm SQM, one of the world’s top lithium producers, the holding company selling the stake said Monday. Holding company Oro Blanco said in a […]

By Reuters