Mining veteran Owen Hegarty says potash projects make more sense in a world where a growing population is eating more, and there is less arable land to produce food.
His private equity firm, EMR Capital, has agreed to tip another $18 million into Highfield Resources through a convertible note in a sign of faith in potash demand in Europe, where major producers of the crop nutrient, Russia and Belarus, are under trade sanctions.
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Brad Thompson was a reporter at The Australian Financial Review
