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*Potash Corp wants to buy at least majority stake. Feb 26- Potash Corp of Canada wants to buy at least majority control of ICL Israel Chemicals Ltd and sees local opposition to its approach as based on unfounded fears, Potash's chief financial officer said on Tuesday.
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Feb 26- Canadian fertilizer company Agrium Inc expects to close its purchase of Viterra farm retail stores from Glencore International Plc in May or June, Agrium Chief Executive Officer Mike Wilson said on Tuesday at a BMO Capital Markets investor conference in Hollywood, Florida. The event was available by webcast.
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*Equities fall, dollar gains on Italy election stalemate. *Physical copper buying by China still slow- traders. Benchmark three-month copper on the London Metal Exchange fell to $7,820.25 a tonne at 1017 GMT, down 0.2 percent from Monday's close of $7,835.
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SINGAPORE, Feb 26- London copper steadied not far from two-month lows on Tuesday, with weak prices attracting traders ahead of a seasonal pick-up in Chinese demand next month, but worries over the impact of a deadlocked Italian election capped gains.
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*Coming up: Fed Chairman Ben Bernanke starts two-day testimony to Congress. Platinum dipped into a discount to gold for the first time in more than a month, as the metal dropped as much as 1.7 percent to a seven-week low below $1,580 an ounce, tracking weakness in a Tokyo market spooked by a stronger yen.
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*Australia's northwest offshore oil and gas fields shut. SYDNEY, Feb 26- A powerful tropical cyclone is on course for a "direct hit" on Australia's Port Hedland, which handles a fifth of the world's seaborne-traded iron ore, with evacuations starting on Tuesday ahead of forecast 200 kph winds and torrential rains.
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*Potash Corp wants to buy at least a majority stake. *Potash Corp to put focus on volume, not price. *Potash Corp shares rise slightly.
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SINGAPORE, Feb 26- London copper climbed away from two-month lows on Tuesday, with weak prices attracting traders ahead of a seasonal pick-up in Chinese demand next month, but worries over the impact of a deadlocked Italian election capped gains.
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SYDNEY, Feb 26- A powerful tropical cyclone is on course for a "direct hit" on Australia's Port Hedland, which handles a fifth of the world's seaborne-traded iron ore, with evacuations starting on Tuesday ahead of forecast 280 kph winds and torrential rains.
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SINGAPORE, Feb 26- London copper inched down on Tuesday as traders shelved riskier assets on jitters over a deadlocked Italian election, while Shanghai copper dropped to a two-month low, with Chinese consumers ramping up only slowly after the Lunar New Year.
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CALGARY, Alberta, Feb 25- The U.S. shale oil revolution is forcing Canada's oil sands industry to question whether there is a future in processing its crude into lighter oil, a tried-and-true way of wringing the most money out of a resource considered crucial to the country's prosperity.
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*Oil reverses rally after close on fears over Italy polls. NEW YORK, Feb 25- Gold gained its most in nearly five months on Monday, with safe-haven buying lifting the precious metal in post-session electronic trade as U.S. stocks slid and as oil reversed an early rally.
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*FDA rejects Reckitt petition on heroin addiction drug packaging. *FDA approves two generic versions of Reckitt's Suboxone. *FDA refers Reckitt to competition regulator.
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LONDON/ BOGOTA, Feb 22- The failure of European coal prices to rise sharply at a time when Colombia is losing around 150,000 tonnes a day of output, due to strikes and an export ban, shows just how oversupplied the market has become.
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SINGAPORE, Feb 25- London copper rose on Monday after a six-day losing streak, but prices came off highs after data showed China's manufacturing activity slowed in February, casting doubt on the demand outlook of the world's biggest copper consumer.
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*Storm intensifying off Australia's northwest coast. SYDNEY, Feb 25- World trade in iron ore faces major disruptions as a cyclone bears down on Western Australia, shutting port terminals used by Rio Tinto and BHP Billiton and handling nearly half the global supply of the steel-making raw material.
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SINGAPORE, Feb 25- Shanghai copper dropped to a two-month low on Monday, tracking weakness in the London market in the previous session on concerns over the pace of global economic recovery and the outlook for the U.S. *The most-traded copper contract on the Shanghai Futures Exchange fell nearly 1 percent to 57,210 yuan a tonne.
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BOGOTA, Feb 24- Unknown assailants blew up four trucks belonging to Colombia's largest coal exporter, Cerrejon, on Sunday in the latest attack against the mining sector in the world's fourth-largest coal exporter.
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Feb 22- Steel imports into the United States are expected to grow for the fourth year running in 2013 to the detriment of U.S. steel producers, a U.S. steel trade association said this week.
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One of the founders of the group, Roger Agnelli, is a former boss of Brazilian miner Vale and led Vale's push into Guinea in 2010 when it took a stake in iron ore assets that included the northern half of Simandou.