food crisis-Fertiliser-potash | South Boulder Mines (STB)
http://www.southbouldermines.com.au/
South Boulder Mines (STB) MEET 0.34 After lunch break, up 8%.
Lucky, I bought it at 0.26 .
Fertiliser fills larder in food crisis
Robin Bromby | May 05, 2008;http://www.theaustralian.news.com.au/story/0,25197,23644000-5005200,00.html
BACK in December, somewhat ahead of the rest of the crowd, we started to talk about investing in
fertiliser components --- potash and phosphate --- as the world needs more and more food.
The latest development in this story is the announcement from China last week that it will clamp down on exporting
fertiliser. With food prices rising 21 per cent in the first three months, the Beijing bosses are trying to make sure
fertiliser prices don't rise and hurt its farmers due to supply problems at home.
Orocobre (ORE) has a lithium project in Argentina, but potash could be a lucrative by-product. First sampling has
begun. Reward Minerals (RWD) has reached agreement with the Martu people in Western Australia for the
development of the Lake Disappointment potash project, while South Boulder Mines (STB) has acquired three potash
and phosphate properties in that state.
other Fertiliser STOCK: MAK,MNM,RWD
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