EUROPEAN COMMISSION PROBES WHETHER SPANISH POTASH PRODUCER HAS BEEN UNFAIRLY SUBSIDISED
January 1st, 2016
THE EUROPEAN Commission is investigating whether Spanish government support for Spain-based ICL Iberia Súria & Sallent (formerly Iberpotash) have breached European Union (EU) ‘state aid’ rules. These are designed to prevent EU governments from unfairly helping local companies within the EU’s 28 country border-free market.
The company owns and operates several potash mines in Catalonia. Its mining and primary processing of potash produces salt as a by-product.
The inquiry has been a long time coming. It follows a complaint that the Commission ...
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