Who owns saskatchewan potash corp
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As PotashCorp and Agrium enter negotiations on a possible merger, Saskatchewan political leaders can agree on one thing: they want to keep jobs in Saskatchewan, and keep potash royalties streaming into provincial coffers. Agrium is currently headquartered in Calgary. The fertilizer company would not say how many people it currently employs at its potash mine near Vanscoy and its other Saskatchewan operations. Wall noted his government introduced tax credits last year, aimed at luring more corporate head office jobs to Saskatchewan.
The Chinese state-owned mining company plans to build a solution mine near Southey, drawing water from Buffalo Pound. Residents in the surrounding area are divided over the development, citing concerns over water supply and environmental impacts. With major capacity expansion projects complete, expected proceeds from the divestiture of equity investments and significant cash flow generation capability, Nutrien will have flexibility to invest in focused growth initiatives and return excess capital to shareholders, while also prioritizing a strong investment grade credit rating profile.
Nutrien intends to target a stable and growing dividend that reflects the anticipated strengthened cash flow profile of the company. Nutrien intends to provide guidance for the fiscal year in connection with the reporting of fourth quarter results of each Agrium and PotashCorp on February 5, We produce and distribute over 25 million tonnes of potash, nitrogen and phosphate products world-wide.
With this capability and our leading agriculture retail network, we are well positioned to supply the needs of our customers. We operate with a long-term view and are committed to working with our stakeholders as we address our economic, environmental and social priorities.
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