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Population growth means potash growth

Home Eden Utah Population growth means potash growth

Population growth means potash growth

Sep 29, 2016 | Posted by social@nordicvalley.com | Eden Utah | 0 comments |

Unfortunately for BHP, the Canadian government—which must authorize takeovers valued at $ 299 million and above—blocked the deal, citing “a lack of net benefits to Canada”. But the story certainly isn’t over, because potash fertilizer is becoming an increasingly high-stakes industry as the world’s human population pushes seven billion.

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Analysts expect global demand for potash to grow by about 5 percent a year, because potash—a naturally-occurring compound containing the alkali metal potassium—is vital to the world’s agricultural industries, which must constantly increase yields to feed a human population currently growing at approximately 75 million per year.

The world’s primary potash deposits are found in the ancient sea beds of Canada, Russia and Belarus, but there are potash projects to be found around the world. Here’s a look at some major potash producers.

Calgary-based Agrium Inc. (TSE: AGU) shares are currently $ 82.54, with a 52-week range of $ 51.39 to $ 91.25. Agrium stock is currently off its high because of the general decline that followed the failure of the BHP Potash Corp bid, as well as Agrium’s acquisition of AWB Limited, which will be completed on December 3.

On the heels of BHP Billiton’s thwarted takeover bid, Regina-based Potash Corp. of Saskatchewan (TSX: POT) announced a US$ 2 billion share buyback program last week. Shares are currently $ 145.50 with a 52-week range of $ 88.68 to $ 160.65 (its high during the Potash bid.)

Earlier this week Brazil-based Amazon Mining Holding Plc. (TSX: AMZ), released promising early test results from its exploratory drilling at its Apatita Phosphate project, next door to its Cerrado Verde Potash mine in Brazil. More drilling has been ordered to complete the testing. Amazon stock is currently $ 3.85 a share with a 52-week range of $ 0.93 to $ 4.19.

German firm K+S AG (DAX: XETRA) is the biggest potash producer in Europe, and is currently seeking to expand its operations via partnerships or takeovers as its current mines are nearing their production capacities. Shares are currently EUR51.99 with a 52-week range of EUR35.55 to 53.20.

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In the year 1968, a small ski area in the heart of Utah’s powder country was born –Nordic valley. Nordic Valley is nestled deep in the heart of the Wasatch Mountains, however, it is just a few short miles from the restaurants, entertainment and comforts of the booming town of Ogden. Named by Forbes magazine as the third best city in the country to raise a family, Ogden and the Ogden Valley is one of the most accessible, family and budget friendly ski areas, in the country. Nordic Valley is famous for its ski school, intermediate and advanced slopes, and family friendly atmosphere. Nordic Valley was immortalized as one of the best downhill training ski areas for the 2002 Winter Olympics, which the Austrians discovered was worth pure Gold. Acquired in 2014 by Skyline Mountain Base, LLC, Nordic Valley is being restored and significantly upgraded with new trails, a makeover of the Skier Services barn, year round events, and much more. Today Nordic Valley is a 500 acre boutique ski hill, however future plans include a new gondola, several new lifts, a retail shopping area, year round activities, 3000 vertical feet and over 2000 acres of new terrain. In a few short years, Nordic valley will be completely transformed from its current state, to what we believe will be one of the best year round resorts in the U.S. Opportunity is knocking – Reserve your ski in–ski out condo, at a small resort price, and look like a visionary when the resort begins reaching its potential in just a few short years. The Pine Canyon Lodge is just a small taste of things to come. Please do not hesitate; the opportunity is limited and the momentum points to this ski season for complete sellout of the 56 initial condominiums we will be building in 2015. Skyline Mountain Base is a world-class fusion of French and American developers who know first-hand about beautiful world-class resorts which enhance the community and the well-being of all who visit or dwell. Bringing together their vast knowledge of environmentally friendly building practices and their careful approach to function, use, and integration into the surrounding community, Skyline Mountain Base is conscientiously creating a world-class resort in the heart of Ogden Valley.

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