Brasilia-Petrobras, the state-owned oil company, has reportedly reneged on Falcon Metais Ltda., a Canadian mining company, which was to buy 10 percent of a potash mine in Amazonas state, according to the local press. Brazilian officials have recently been touting the importance of domestic potash and phosphate reserves and the need for domestic companies to develop them. The deal was reportedly worth between $100-$150 million.
Transparency Across the Fertilizer Value-Chain