September 2, 2021 |
Mendoza, a western province in Argentina, plans to hire an investment bank to advise it on finding a buyer for Potasio Río Colorado, one of the world's largest potassium mines now under state control, an official leading the project said on Wednesday.
"There is a lot of interest" among investment banks and potential buyers thanks to high prices for the fertilizer, Emilio Guiñazú, general manager of Potasio Río Colorado, told LatinFinance.
Seven to eight investment banks have expressed interest i
Argentine province wants to find a buyer within two years for a mine formerly run by Brazil's Vale