Nickel rose for a fifth session in London to the highest price since 2012 on speculation the metal will be in shorter supply as activity remains suspended at Vale SA’s plant.
Brazil’s only potash producer threatened to sell its Carnalita fertilizer project if the local governments can’t settle a dispute over how the venture will be taxed.
Turmoil in the global potash market is creating an opportunity for Vale SA to buy assets at a discount as the mining company leads Brazil’s bid to become self-sufficient in crop nutrients.
