GFM Network News

Mosaic’s potash facility at Esterhazy, Sask. (Greg Berg photo)

Mosaic CEO sees opportunities to buy miners’ fertilizer assets

Reuters — Miners that produce a diverse commodity mix may be willing to part with fertilizer assets, creating buying opportunities for producers of potash and phosphate, Mosaic Co. CEO Joc O’Rourke said Tuesday. Profits of fertilizer producers have tumbled because of falling prices, weak currencies in importing countries such as Brazil and excessive supplies. Mosaic, […] Read more

Rentech Nitrogen, whose East Dubuque fertilizer plant is shown here, is set to be sold to fellow nitrogen producer CVR Partners. (

CVR to buy Rentech arm in N fertilizer merger

Reuters — Nitrogen fertilizer producer CVR Partners said Monday it would buy Rentech Nitrogen Partners for US$533 million, excluding debt, as global fertilizer makers scale up at a time when increased supplies weigh on nitrogen prices. The deal creates North America’s fifth-largest nitrogen producer, vaulting the companies past Norway-based Yara International. It comes less than […] Read more