Potash

China’s SDIC will buy Canadian company Nutrien’s 28% stake in Arab Potash Co. for US$502 million.

Western Resources Corp. has announced that its wholly owned subsidiary, Western Potash Corp., has successfully developed a groundwater supply source for the company’s proposed Milestone Phase I Potash Project.

Danakali Ltd has announced that its 264 167 463 ordinary shares have been admitted to the standard segment of the official list of the Financial Conduct Authority and to trading on the London Stock Exchange’s main market at 8.00 AM BST today under the ticker ‘DNK’.

Crystal Peak Minerals Inc. has announced that it has entered into a convertible loan agreement dated 19 July 2018 with EMR Capital Investment (No. 5B) Pte. Ltd, an affiliate of EMR Capital Resources Fund 1, LP – its largest shareholder.

Gensource Potash Corp. has announced that Mike Mueller has joined the company’s board of directors, effective today.

Sirius Minerals Plc has announced that its subsidiary, York Potash Ltd, and Redcar Bulk Terminal Ltd have entered into a materials handling agreement under which RBT will provide port and ship loading services from its existing Redcar Bulk Terminal port facility.

Emera Inc. has released a statement announcing that it has appointed two new board directors.

Emmerson Plc has announced that it has completed the fieldwork component of a 60-line kilometer seismic survey over 10 lines of its 100% Khemisset potash project in Northern Morocco.

Danakali Ltd has released a statement confirming its intention to seek admission to the Standard Segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange main market.

According to Reuters, Orion Resource Partners is seeking to raise up to US$500 million in order to fund potash, tungsten and iron ore mines.

Potash Ridge Corp. has announced that its Chief Financial Officer, Ross Phillips, has resigned in order to pursue other opportunities.

Acron Group has announced that – while the construction ramps up and shaft sinking commences at the Talitsky project – it continues to structure the financing of the project.

Verde AgriTech Plc has announced that a leading Brazilian agricultural producer has purchased 3250 t of Super Greensand, following a smaller purchase of 198 t last year.

Sam Ferris succeeds Dr. Ulrich Lamp following Lamp’s retirement.

The company is mining polyhalite, a type of potash, at the Woodsmith Mine in the UK.