China, an insatiable appetite, fertilizers, to help feed a growing population, has long been dependent on Canadian Canpotex company, sales agencies and provide the third world potash fertilizer.
But in December, Canpotex company reluctantly agreed to six months of supply contract, with China in the $400 a tonne, $70 per ton its final contract price and steep cut discount than expected.
China got cheaper price, in part because it used as an independent ten-year signed agreement in October last year and prospect.
Although the macro economy and local factors - from economic growth to the weather and production problems - influence contract, the arrival of the outlook on small scale of Canpotex company near monopoly position. The stakes are high business, there are usually a 50% profit space.
"We believe that outlook global potash fertilizer is the best investment opportunities in North America, said:" Steven COR ShuGeMan capital, private equity company, is the company's fifth largest shareholder. "We hope that our geological like position and their team has put".
With corn and other commodities in the world vigorous development - and potash fertilizer prices have risen by about 150%, in the past ten years - food and fertilizer demand is sells goods. Recently the price has been cooling, but still in ten years high.
Bei rider company (BLK. N), Apollo global management company, and ted waite, computer company gateway co-founder, attention has been paid to it. Their investment prospects - listed - last year was mainly used as a bet, shake and chemical fertilizer industry.
James dietz, strive to build a lasting peace and common prosperity of the members of the board of directors, more than ten years, is potash fertilizer company's chief operating officer and prospects for the CEO of Patrick airy, before running Intrepid potash fertilizer company (IPI. N), in new Mexico mining.
Outlook found himself not welcome the new children in the block, and the ability of fast doubt opponent, insist on the top and bottom of the chemical fertilizer industry.
"I don't take it seriously any," said Jim Prokopanko, many large competitors Mosaic co., LTD., CEO of (MOS. N), this company has the Canadian Esterhazy, is the world's largest potassium ore.
"It will be a small producer, if can't see his day, he told reporters."
This view is testing potash fertilizer company Canpotex company, control of Mosaic, (TO POT.) and Agrium company (AGU. TO), negotiate a India supply agreement. Most analysts forecast the contract price is lower than its predecessor.
Surface scratch
Future is the biggest three companies, to develop a k reserves in HuoErBuLuKe, Arizona, in the northeast of the land of drought, flat nape.
Passport potash fertilizer company (PPI. V) and private hold of hunting comprehensive company is exploring the other part of the reserves, but the outlook is farthest development and funds.
, although BNSF BNISF. UL train depot and several big tourist attractions - HuoErBuLuKe 100 years ago in meteorites explosion, attracting rock collector - town unemployment rate was 13.5%. The mining industry is expected to change this situation.
Arizona potassium deposit quietly forgotten in the 1960 s, a small geological expedition found it. Deposit began to get more attention, in 2008, because of potash fertilizer prices began to rise high enough to prove more than $100 million, need to make an array.
To use land, airy and other senior managers first to bei rider and other high visibility of the debt and equity investors. The group bought a public shell company, let them quickly became a listed company in June 2012 initial public offerings, without through the normal procedure.
Because the company's some stocks listed have diluted shares, in the past six months the prospects of push shares fell 40%. May need more capital, the stock may be further weaken the step.
"We are working with other groups more equity, to help us start browsing web site drilling," Avery said. "
Apollo is finished 100 million us dollars of debt financing agreement, the rider is the company's third largest shareholders, has more than 500 million shares.
Hot shareholders, many of them investment company listed before, have said they believe the company is a long-term investment, it will completely change the fertilizer market.
If fully development, HuoErBuLuKe of fertilizer deposit almost a times each year in the United States, the production of potash fertilizer, the most important nutrients, one of the farmers is applicable to increase harvest.
Russia and Canada has the world's largest potash fertilizer reserve, each more than 300 million metric tons in the United States, more than 1.3 million metric tons. The HuoErBuLuKe potassium deposits in the grade of 11% to 13%, about half of the industry average.
But the prospect of production cost will be lower than its competitors, because the weather is warm, little dig, need to deposit, improve profitability.
Canpotex and Russia competition mainly in cold climate, and potassium mineral reserves of about 3700 feet deep. Mosaic have to, freezing an underground lake, just in order to achieve Saskatchewan's Esterhazy my.
Outlook is located in Arizona potassium deposit, on the contrary, is about 1000 feet deep warm climate and close to the key west coast ports in Canada than Canpotex company facilities.
"The positive of the many problems, offset the lower grade report, said:" Steven Rauzi Arizona oil and gas protection committee, responsible for supervision and potash fertilizer drilling condition.
Outlook is expected to cost about $112 per ton, in Arizona ore production of potash fertilizer. The industry average is about $135 per ton. This makes profit rate is extremely high, potash fertilizer market prices in more than $400 per ton.
China is taking the prospect forecast annual potash fertilizer production, every year 500000 tons, the amount will still make China's largest importer American potash fertilizer and



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