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Mine accident shows a potash market nervous about outages

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POTASH
The news, when it came late Friday night from a government ministry in Minsk, was grim: the ceiling of a potash mine in Belarus had collapsed more than half a kilometre underground, trapping two workers. Halfway around the world, the reaction to the headlines was swift and dramatic. Shares of some of the largest potash producers soared in New York and Toronto on speculation that the accident could knock out a large chunk of global production capacity.
 
 
 
 
 

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