Thai Potash Mine Owner ITD Weighing $500 Million Stake Sale, Sources Say

  • Italian-Thai Development in discussions on Asia Pacific Potash
  • Asia Pacific Potash has project rights in northeast Thailand
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Italian-Thai Development Pcl is considering selling its 90% stake in Asia Pacific Potash Corp., which has mining rights in Thailand, and is seeking about $500 million, according to people familiar with the matter.

The Bangkok-based construction company is working with an adviser and talking with potential buyers, including from China, one of the people said.