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Showing posts with label Potash. Show all posts
Showing posts with label Potash. Show all posts
27 Aug 2013
Potash wars
17 Oct 2012
Mikhail Gutseriev to build a new potash plant in Belarus
Russian businessman Mikhail Gutseriev begins construction of a new potash plant in Belarus in March 2013 as he told reporters on October 11 in Sarapul.
"In Belarus, projects go, they are alive. Potash project there - in March we are starting to build the mine," - he said, adding that construction of the new plant will take three years.
According to him, it comes to producing 1.8 million tons of potash annually. Mikhail Gutseriev said that the project will be financed under the scheme 70 to 30. "We give 30% , there somewhere 500 million USD, and USD 1,5-1,3 billion provided by the bank," - he said, noting that the final decision on which bank will fund the project, was not yet made . "Either it (Sberbank..) or other banks," - said Mikhail Gutseriev discussing participation of Sberbank in the project.
"In Belarus, projects go, they are alive. Potash project there - in March we are starting to build the mine," - he said, adding that construction of the new plant will take three years.
According to him, it comes to producing 1.8 million tons of potash annually. Mikhail Gutseriev said that the project will be financed under the scheme 70 to 30. "We give 30% , there somewhere 500 million USD, and USD 1,5-1,3 billion provided by the bank," - he said, noting that the final decision on which bank will fund the project, was not yet made . "Either it (Sberbank..) or other banks," - said Mikhail Gutseriev discussing participation of Sberbank in the project.
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