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Wednesday, Minister of industry from Canada Tony Clement took the surprise decision to intervene in the takeover, the second time in recent history Canada blocked a support agreement.

The move will be a major blow to | miner BHP Billiton.Le last month, the company abandoned plans for iron ore $116bn joint venture with Rio Tinto.

The decision also leaves potash in a difficult position.Reports Wednesday suggested that the decision could mean that only a national Canadian buyer could seriously consider purchasing group, mineral fertilizer although this was denied by the Government of the Canada.

Russian company fertilizer Phosagro said Wednesday that it would consider buying a stake in Canadian society in Ottawa should allow procéder.Toutefois agreement the Phosagro and other potential buyers for Potash such State-owned Chinese companies could be considered as still more intrusive than BHP Billiton.

Bidcame opposed BHP after a certain number of redemptions controversial Canadian companies leads to loss of jobs in large scale, such as the acquisition of Vale Inco nickel minor.

The Investment Act lays down the rules for foreign acquisition agreement must demonstrate "net benefit" to the Canada whether it should be approved.

Mr. Clement said the agreement established by BHP Billiton did not test.Cependant, he said that the decision does not mean that the country has been closed investments étrangers.Il also said he gave BHP Billiton 30 days to respond to the decision.

Opposition to the agreement was conducted by the Saskatchewan region and its premier wall's Brad.Après that the decision was announced, he said BHP will be able to address issues on the income and employment, he thought that it was unlikely that it could address the issue of potash as a strategic asset.

PotashCorp shares fell after hours trading.

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