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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: Snowshoe who wrote (55215)	2/11/2010 4:07:17 AM
From: elmatador	Read Replies (1) of 217646

Government want those big companies to be tools of development long term and not short term profit only. Consider: The government may create tax incentives to lift fertilizer output, Lobao said. Latin America’s biggest economy imports 91 percent of its potash needs, 49 percent of the phosphates it uses and 75 percent of its nitrogen-based fertilizer raw materials, according to Joao Cesar de Freitas Pinheiro, fertilizer minerals chief at the Energy & Mining Ministry. Vale agreed Jan. 23 to buy Bunge Ltd.’s fertilizer assets in Brazil for $3.8 billion in cash. That is necessary to iron ore company to assist food companies. Not only of iron man leaves. So Brazil government is being reasoneable in its demands.

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