Canpotex and potash: The monopoly behind the mineral
http://www.theglobeandmail.com/globe-investor/canpotex-and-potash-the-monopoly-behind-the-mineral/article1241076/?page=all
That lack of scrutiny is over. Whatever the final ending of the Potash Corp. takeover story, BHP's hostile offer has unleashed a fierce debate about Canpotex's future - one that will rage on even if the Australian company doesn't win the day. Early on, Marius Kloppers, the chief executive of the world's largest mining company, suggested the agency had outlived his usefulness and said BHP would eventually remove itself from it, if were to win Potash Corp. That got the company on the wrong foot with the Saskatchewan government, which sees Canpotex as vital to keep prices for the commodity and government revenues aloft.
http://www.theglobeandmail.com/globe-investor/canpotex-and-potash-the-monopoly-behind-the-mineral/article1241076/?page=all
That lack of scrutiny is over. Whatever the final ending of the Potash Corp. takeover story, BHP's hostile offer has unleashed a fierce debate about Canpotex's future - one that will rage on even if the Australian company doesn't win the day. Early on, Marius Kloppers, the chief executive of the world's largest mining company, suggested the agency had outlived his usefulness and said BHP would eventually remove itself from it, if were to win Potash Corp. That got the company on the wrong foot with the Saskatchewan government, which sees Canpotex as vital to keep prices for the commodity and government revenues aloft.
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