James Wellstead has researched and written on resource extraction since 2008. With experience in a number of different professional environments (academic, government and consultancy), he has developed a strong background in the political and economic contexts surrounding mining investment and resource extraction projects. Through his education and experience with the government of Canada, he has also developed a sharp understanding of organizational risk management and corporate planning activities. Though relatively new to the investment writing community, his six months spent at an Indonesian coal mine provided him with on-the-ground experience with mining operations. James holds a BA (Hons) in geography from the University of Western Ontario and a MA in global studies from the University of Ottawa. He has been writing for the Investing News Network’s coal and zinc sites since March 2011 and began writing about potash and phosphate in January 2012.
Caution from one of the world’s largest potash producers is likely to temper 2013 potash demand figures, but will not significantly change projected growth for the industry as a whole.
Renewed Chinese and Indian potash contracts are building confidence in the potash market. Which projects will help supply future demand is still an open question as companies rush to bring supply online.
Initial spring crop numbers are giving markets — and phosphate producers — an early indication of just how big the expected American corn and soybean crops will be this year.
Together, South America’s growing agriculture production and corresponding demand for cheap and accessible phosphate fertilizers are driving the growth of phosphate mining across the continent.
Project costs, labor disputes and concerns regarding “national interest” are front and center in the potash market as companies reassess opportunities.
Potash Corporation of Saskatchewan’s bid for Israel Chemicals could have big implications for the potash markets even beyond the borders of Canada and Israel.
