Additional capacity planned by EuroChem is main threat, Nesis, who sold out of biggest producer Uralkali in July, says in interview.• Once EuroChem starts potash sales “how will the Canadians respond? Or Uralkali? Will they just clear space for EuroChem?” • “I am not certain of the future for the potash market” • “We don’t see any investment case for Uralkali itself” • Initial investment in Uralkali was bet on success of Uralkali-Silvinit merger, Nesis says • “Once we saw that the value of the merger was realized in the share price, we started to sell.” • NOTE: Nesis, once 12% owner in Uralkali, completed sale of his stake in co. in July, before Uralkali announced break up with joint trading venture with Belarus, sending potash lower • NOTE: EuroChem plans to starts mines at two potash deposits in Russia in 2017 with total projected capacity of 8m tons of potash/yr NSN MV494J6VDKI8 <GO> • NOTE: Nesis focused on investments into Polymetal, rare-earth metals and urea projects, transportation business, he says in interview NSN MVFWFE6VDKHU <GO> • NOTE: Nesis agrees to buy >40% stake in O1 Properties, Russian real estate investment company, from entrepreneur Boris Mints, he says in interview NSN MVFU826S973Z<GO> • NOTE: Nesis’ other investments include telecommunication assets in Peru, Bangladesh and Italy, Greek gambling company Opap