MercoPress. South Atlantic News Agency
Argentina announces development of huge potassium deposits with Brazil
President Cristina Fernández announced on Thursday the development of a mining project between Neuquén, Mendoza and Río Negro provinces which will led by Brazilian company Vale, and is expected to become the largest potassium mining site in the world. Read full article
Comments
Disclaimer & comment rulesA banana republic has lots of potassium, is this news?
Jul 20th, 2012 - 09:50 am - Link - Report abuse 0@Britworker
Jul 20th, 2012 - 12:03 pm - Link - Report abuse 0Nope the big news are 5.9 billion dollars investment + turning Argentina into the world’s third exporter + 16.750 jobs creation + 870 kilometres of railway lines + all new business created to supply the mines.
Do you have any big news from UK that is not linked with QE, cutting services, austerity, defence cuts, debt, bailouts for banks and huge unemployment?
I guess not...
LOL
@DB do you think this will actually take place? Or if it does will happen in the next decade and not be riven by poor management, government interference and corruption?
Jul 20th, 2012 - 12:19 pm - Link - Report abuse 0I'm expecting Guzz to appear saying how wonderful this is!!!
Jul 20th, 2012 - 12:53 pm - Link - Report abuse 0Its funny that when the company involved is South American there are no cries of “pirates robbing our resources” but if the company is from USA, UK, Canada, etc. it is daylight robbery.
As far as I know, Barrik Gold or any other mining company BUYS the resource from that country at the price fixed by the host country, so where is the “pirate robbery”?
Now in this case, there are several contamination issues still to be ironed out, one of the major ones being security on the future railway line which still has not been addressed.
Careful Vale! Remember Repsol?
Jul 20th, 2012 - 01:19 pm - Link - Report abuse 0@2
Jul 20th, 2012 - 01:43 pm - Link - Report abuse 0Only the annocunment of 9.5 BN pound investment in high speed rail network. DOH!
Do you have any big news from UK
Jul 20th, 2012 - 01:57 pm - Link - Report abuse 0over 7 billion investment in the railways,
thats good news, not for the passengers, but good news all the same .
Don't forget the £50bn government backed guarantee to major infrastructure projects in the UK.
Jul 20th, 2012 - 02:23 pm - Link - Report abuse 0You mean another industry for Mendoza?
Jul 20th, 2012 - 03:25 pm - Link - Report abuse 0Wow, and we still have the Vaca Muerta oil + uranium at San Rafael... Plus the wine industry, tourism industry, the ski industry, the manufacturing industry on high-end energy (hydro and wind) parts, etc, etc.
Or the expantion of BEA systems in Lancashire securing 20'000 jobs building part of the new F35 fighter jet.
Jul 20th, 2012 - 03:54 pm - Link - Report abuse 0@9 Vaca Muerta is in Neuquen not Mendoza.
Jul 20th, 2012 - 04:01 pm - Link - Report abuse 0But I agree Mendoza is a thriving example of an Argentine city. Very beautiful althought the wines form my current home of San Juan is far better lol.
@9 A fine example of bad governing, Arg has the potencial to thrive, it's rich in natural resources & a climate ideal for agriculture.
Jul 20th, 2012 - 04:07 pm - Link - Report abuse 0@12
Jul 20th, 2012 - 04:17 pm - Link - Report abuse 0Really? google “Mendoza province did not default” and you will see a PDF, look at the bottom of page 12 and the bottom paragraph of page 13.
As it is well known, Mendoza province and the City of Buenos Aires were the only ones not to default in 2001, they kept paying their debts.
Who said anything about debt? I said “Arg has the potential to thrive”
Jul 20th, 2012 - 04:42 pm - Link - Report abuse 0However bad governing prevents it from doing so.
Argentina greatest country in the world.
Jul 20th, 2012 - 04:56 pm - Link - Report abuse 0All other countries are run by little girls.
Argentina number one exporter of potassium.
Other countries have inferior potassium.
Please support this page - Falkland Islands Desire The Right - dedicated to Falkland Islands current affairs, keeping the islands free and poking fun at the lunacy of the Argentine government and their various claims and winding up their Internet trolls -
Jul 20th, 2012 - 05:09 pm - Link - Report abuse 0https://www.facebook.com/Britain1592
have you been sniffing this
Jul 20th, 2012 - 08:12 pm - Link - Report abuse 0potassium.
Great news. And what a lovely picture =)
Jul 20th, 2012 - 11:57 pm - Link - Report abuse 015
Jul 21st, 2012 - 05:57 am - Link - Report abuse 0LOL! That's exactly what I thought when I read the article.
she will be doing glue next .
Jul 21st, 2012 - 06:53 pm - Link - Report abuse 0Much ado about nothing. Announcements by CFK are exactly that - Announcements, never any actual progress being made. Potassium is common throughout the world; the U.S. and Canada have huge deposits, which have been exploited for years. So, some is found in Argentina? Big deal; until production starts, it is just another f..t in the wind, as usual in Argentina.
Jul 22nd, 2012 - 11:49 pm - Link - Report abuse 0God is creating the different countries. He says to Gabriel, “Here's a good one: lots of rich land, beautiful high mountains, great beaches, verdant forests and a wide variety of climates and animals. What do you think?” Gabriel replies, “But that's so much to give to one place!” “It's ok,” say God, “I'll fill it with Argentines.”
Jul 23rd, 2012 - 04:38 pm - Link - Report abuse 0Commenting for this story is now closed.
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