POT-N
Instrument Name Potash Corp of Saskatchewan Inc NYSE: POT-N.
What happened potash stock?
The company closed two of its less profitable potash mines in Canada in 2016. On January 1, 2018, the merger between PotashCorp and Agrium was completed. As a result of completing the transaction, Agrium and PotashCorp were dissolved and the assets formed the new company Nutrien.
When did Nutrien go public?
The merger of two of Canada’s biggest fertilizer names became official on Tuesday, as shares in Nutrien Ltd. will commence trading on the TSX on Jan. 2, born out of the combined ashes of PotashCorp and Agrium.
What companies mine potash?
TSX- and TSXV-Listed Potash Companies
- Nutrien (TSX:NTR,NYSE:NTR) Market cap: C$29.1 billion.
- Verde AgriTech (TSX:NPK,OTCQB:AMHPF) Market cap: C$32.85 million.
- Crystal Peak Minerals (TSXV:CPM,OTCQB:CPMMF) Market cap: C$11.78 million.
What is potash used for?
Potash is primarily used in fertilizers (approximately 95%) to support plant growth, increase crop yield and disease resistance, and enhance water preservation. Small quantities are used in manufacturing potassium-bearing chemicals such as: detergents.
Who buys nutrien?
(Nutrien) (TSX and NYSE: NTR) today announced the successful completion of the merger of equals between Agrium Inc. (Agrium) and Potash Corporation of Saskatchewan Inc. (PotashCorp), creating the world’s premier provider of crop inputs and services.
How is potash mined?
Potash mining Today, potash comes from either underground or solution mining. Underground potash deposits come from evaporated sea beds. Boring machines dig out the ore, which is transported to the surface to the processing mill, where the raw ore is crushed and refined to extract the potassium salts.
When did Potash Corporation of Saskatchewan become a corporation?
PotashCorp is a corporation continued under the Canada Business Corporations Act (“CBCA”) and is the successor to a corporation without share capital established by the Province of Saskatchewan in 1975. In 1989, the Province of Saskatchewan privatized PotashCorp.
Who is the largest potash company in the world?
In a world eager for plant nutrients, Potash Corporation of Saskatchewan Inc. (PCS) offers double strength: by capacity, it is the world’s largest potash company and third largest phosphate producer. Export-oriented, it is a global pace-setter.
Who are the owners of Canpotex and PotashCorp?
At the end of 2011, the company controlled twenty percent of the world’s potash production capacity, two percent of nitrogen production capacity and five percent of phosphate supply. The company was part-owner of Canpotex, which manages all potash exporting from Saskatchewan.
What’s the stock price of PotashCorp in Canada?
Shares in the new company began trading on stock exchanges in Toronto and New York a little after 9:30 a.m. eastern time on Tuesday morning. The stock, which trades under the ticker symbol NTR, opened at $65.23 in Toronto before jumping up a little and then slumping down to about $65.05 a share in Toronto near midday.
