RE:RE:RE:RE:RE:RE:RE:Russia sanctionsI dont think RIO is in a panic here. There are 5 companies who supply 70% of the worlds supply of potash with reserve capcity and BHP adding another 10mt anualy with their Jansen project.
Uralkali exposed the potash industry to volume over price and it only proved that marketing potash
through Canpotex and their russian counterpart BPC was the only way to secure pricing and there isnt a lot of room for new members in these clubs.