ICL Group (ICL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nutrien (NTR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The cost to produce potash from a mine being developed in the Brazilian Amazon will be similar to Russia's and lower than in No. 1 producer Canada, said the CEO of Brazil Potash Corp, citing a third-party assessment used in a company presentation. The economics of the project -- which faced a protracted licensing process involving multiple government agencies and Indigenous consultations -- has drawn analysts' attention after the price of potash fell sharply from highs above $1,000 per metric ton amid the threat of sanctions against Russia and Belarus in 2022, compared to the current level just above $300. That, and new mining projects emerging in Canada and Laos, would likely keep a lid on prices, they said.