
S&P Global Ratings revises EuroChem’s outlook to positive
The agency cited EuroChem's expected reduction in CAPEX as a key factor in its decision.
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The agency cited EuroChem's expected reduction in CAPEX as a key factor in its decision.

Swiss fertilizer producer EuroChem said it would produce less potash this year than originally projected and would delay the launch of its VolgaKaliy plant to the 1H19, making its entry into the Russian potash market a gradual one.

Kalium Lakes Limited has been granted a licence to construct and operate a gas pipeline to the Beyondie Sulphate Of Potash project.

Nutrien Ltd. announced has announced that following a strategic review of the company's potash portfolio, it has decided to permanently close its New Brunswick potash facility and will record a US$1.8 billion non-cash impairment in the 3Q18.

Sirius Minerals Plc announces that its subsidiary York Potash Processing and Ports Ltd and McLaughlin & Harvey Ltd have entered into an engineering, procurement, and construction contract for the development of the Company's port handling facility at Teesside.

Danakali Limited provide a quarterly update on the activities and financial position of its Colluli Potash Project, located in Eritrea, East Africa.

The company will host a conference call the following day to discuss and answer investor questions.

Jacobs Engineering Group Inc. received an engineering, procurement, and construction (EPC) contract from Sirius Minerals PLC for its new materials handling facility (MHF) in Teesside, England.

The confirmation of DRA as preferred EPCM contractor for Colluli represents another critical milestone for the Project, reinforcing that Colluli is execution ready.

Danakali has announced that the Eritrean Ministry of Land, Water & Environment’s Department of Environment has confirmed acceptance of the finalised Colluli Social & Environmental Management Plans.

Nutrien’s Chief Executive has told Reuters that if potash prices reach a certain level the company will release its unused capacity to thwart potential completion from BHP Billiton.

Danakali Ltd has released a company update video that covers its recent off-take agreement with EuroChem and the latest on the Colluli Sulphate of Potash project in Eritrea.