Prices heading north even as strikes continue

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Mon, Sep 15, 2008

Natural Resource Market News
Post by Melissa Pistilli, Resource Reporter

Potash Investing News reports potash made a 2.2 gain even though the strike continues.

There are speculations that Potash Corp. could take over Incitec Pivot Ltd., Australia’s largest producer of fertilizer. With the company’s lack of debt in addition to its US$39.8 billion dollar value, six times that of Incitec, Potash Corp. could make the purchase without selling any shares.

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