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Nutrien is selling $900 million in assets to focus on potash, building a Washington export terminal to overcome supply challenges.
Nutrien is divesting $900 million in assets to focus on potash, exiting unprofitable nitrogen fertilizer operations in Trinidad due to port restrictions and unreliable gas supply.
The company plans a $1 billion export terminal in Longview, Washington, to bypass Canadian rail and port challenges, with a final decision expected by 2027.
Analysts praise its strategy amid rising global potash demand driven by crop yields depleting soil nutrients, and CIBC names Nutrien its top sector pick.
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Nutrien está vendiendo $900 millones en activos para centrarse en la potasa, construyendo una terminal de exportación en Washington para superar los desafíos de suministro.