Thursday, January 28, 2010

Big Mining Companies Agressively Going After Potash: Athabasca Potash Acquired by BHP

Athabasca Potash, API, has been acquired by BHP Billiton. The stock has jumped 25% today:

We have written about API on several occasions. Jul 2009, Jan 2008, Oct 2009, and others.

With Vale's annoucement last week of its own potash fertilizer acquisition, there is clearly a trend happening. The question is which is the next small fertilizer company to be acquired.

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