Loading…
Keras Resources completed its purchase of the remaining 49% of Falcon Isle Resources for US$3.2 million, giving it full control of the Diamond Creek phosphate mine and Spanish Fork plant in Utah. Production has restarted at the processing facility ahead of the spring season.
This is a small corporate transaction for a minor US phosphate producer and has negligible effect on global fertilizer or feed prices.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.