FYI
"Canpotex, short for Canadian Potash Exporters (reporting mark PTEX), is a Canadian potash exporting and marketing firm, incorporated in 1970 and operating since 1972.[1] Based in Saskatchewan, Canpotex manages the entire Saskatchewan potash exporting industry (excluding Canadian and US sales), including transportation and delivery.[2] It has been criticized as a "cartel".[3]
Canpotex is the world's largest exporter of potash, selling over nine million tonnes of potash in 2008,[1] representing about one-third of global capacity.[4][5] The global potash market is considered a duopoly between Canpotex and Belarussian Potash Co, a similar consortium which exports Belarussian and Russian potash; the two collectively control 70% of global potash exports.[6]"
"In August 2010, Australian mining giant BHP Billiton announced intentions to acquire PotashCorp, though its bid was blocked by the Canadian government in November 2010 and subsequently withdrawn.[5][7] BHP publicly intended to exit the Canpotex partnership as it prefers to market its minerals itself.[8] As over half of Canpotex's sales volumes ware produced by PotashCorp, both Agrium and Mosaic issued concerns.[5] The Saskatchewan government also issued concerns, citing that the breakup of Canpotex would likely result in lower tax revenues for the government.[9]"
http://en.wikipedia.org/wiki/Canpotex
"Canpotex, short for Canadian Potash Exporters (reporting mark PTEX), is a Canadian potash exporting and marketing firm, incorporated in 1970 and operating since 1972.[1] Based in Saskatchewan, Canpotex manages the entire Saskatchewan potash exporting industry (excluding Canadian and US sales), including transportation and delivery.[2] It has been criticized as a "cartel".[3]
Canpotex is the world's largest exporter of potash, selling over nine million tonnes of potash in 2008,[1] representing about one-third of global capacity.[4][5] The global potash market is considered a duopoly between Canpotex and Belarussian Potash Co, a similar consortium which exports Belarussian and Russian potash; the two collectively control 70% of global potash exports.[6]"
"In August 2010, Australian mining giant BHP Billiton announced intentions to acquire PotashCorp, though its bid was blocked by the Canadian government in November 2010 and subsequently withdrawn.[5][7] BHP publicly intended to exit the Canpotex partnership as it prefers to market its minerals itself.[8] As over half of Canpotex's sales volumes ware produced by PotashCorp, both Agrium and Mosaic issued concerns.[5] The Saskatchewan government also issued concerns, citing that the breakup of Canpotex would likely result in lower tax revenues for the government.[9]"
http://en.wikipedia.org/wiki/Canpotex
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