OAO Uralkali, the world’s largest potash producer, lowered its forecast for global deliveries of the crop nutrient because of bad weather in Canada and delivery issues in Europe this year, saying prices may gain.
Russian billionaire Suleiman Kerimov ’s challenge to a freeze on his assets, including stakes in mining company OAO Polyus Gold and fertilizer maker OAO Uralkali , will be heard next month in a Cyprus court.
Russian billionaire Suleiman Kerimov, who with partners owns a controlling stake in OAO Uralkali, is seeking to add OAO Silvinit and Belaruskali to the holding to create the world’s largest potash producer, Vedomosti said.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Russian billionaire Suleiman Kerimov , who this week bought stakes in OAO Uralkali and OAO Silvinit , may merge the two to create the world’s second-largest potash producer, analysts at Troika Dialog and Alfa Bank said.