Nov. 17 (Bloomberg) -- Israel’s Ministry of Finance said the government hasn’t reached an agreement with a unit of Israel Chemicals Ltd., following a report by Calcalist.
“No agreement has been reached with Israel Chemicals,” the Jerusalem-based ministry said in a statement read over the telephone to Bloomberg, without providing further details.
Calcalist reported that Dead Sea Works Ltd. agreed with the ministry that it would harvest 85 percent of the Dead Sea salt and increase payments to the government, a move that would cost the company more than 5 billion shekels ($1.3 billion).
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