RE: China signs potash deal with US miner Interesting.... I have a few immediate issues with this deal and I think it's probably just a spec deal to aid PG in financing to their mine. Good to see ink being put to paper though!
- Purchasing to begin in 2015 but there isn't a financing deal in place for a mine that will take years to build. I don't know a construction estimate at this time.
- The deal has potash purchased through 2025 at an average price of $400 per ton (2 billion over 500,000 @ 10 years). Concering but no specifics yet.