Nutrien president and CEO Ken Seitz said supply challenges are part of why the company has put its phosphate division up for strategic review.

Nutrien Ltd.’s NTR-T strategic review of its phosphate division is part of the fertilizer major’s “unrelenting” focus on cash flow, its chief executive Ken Seitz said in an interview Thursday.

Nutrien announced the review of its phosphate business in its third-quarter earnings Wednesday night. With two mines and four upgrade facilities located across the United States, the Saskatchewan-based mining giant is the second-largest phosphate producer in North America. The division is valued at US$2.4-billion, according to Royal Bank of Canada analyst reports.

It is one of four divisions within the company and – should it sell – this would be the la

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