Published by
Anna Nicklin,
Assistant Editor
World Fertilizer,
Acron Group has received a notification that Sberbank Investments has exercised its pre-emptive right to buy Vnesheconombank’s stake in the Talitsky potash project.
Sberbank is set to increase its stockholding after a public auction for the sale of shares in Verkhnekamsk Potash Company. This increases Sberbank’s stake in VPC to 39.9%.
Acron Group holds 60.1% in VPC.
Read the article online at: https://www.worldfertilizer.com/potash/14082017/sberbank-increases-stake-in-talitsky-potash-project/
Building on the Feasibility Study, the company has completed a concept study to examine the potential to develop Khemisset using a four-phased approach to reduce upfront capital costs and execution risk, and plan additional expansion stages to ensure that its economic value is fully developed.