Russia’s Fertilizer Tycoon Says Potash Glut May Last a Decade
Russian billionaire Andrey Melnichenko, whose fertilizer company is investing more than $6 billion in potash mining, said it could take at least a decade for the potash market to work off the excess because of the past “disruptive” actions by the largest sellers. However, because of its low costs and business model that encompasses mining, retail selling and a variety of products, EuroChem still generates profits even in a depressed market… Read More
First published in Bloomberg (August 2016)