Itafos announces results of technical report encompassing Itafos Conda and Itafos Paris Hills phosphate deposits
The report defined the Husky1/North Dry Ridge (H1/NDR) deposits in Idaho, US, as the company’s path forward for mine development.
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The report defined the Husky1/North Dry Ridge (H1/NDR) deposits in Idaho, US, as the company’s path forward for mine development.
Work on the study began in 3Q18 in partnership with the Government of New Brunswick, Canada, to examine the possibility of building a phosphoric acid plant at Belledune in New Brunswick.
Delegates at CRU’s Sulphur & Sulphuric Acid Conference 2019 are gathering in Houston from 5 – 7 November 2019 to discuss the latest industry developments.
The company's revenue increased by 12% y/y in 9M19, while EBITDA was up 10% y/y.
The machine will harvest the hardened potassium salts from the project's evaporation ponds.
Western Potash Corp., a wholly-owned subsidiary of Western Resources Corp., has completed the Phase I production drilling programme at its potash mine in Saskatchewan, Canada.
The mineral resource estimate now stands at 537 million t of potash with an average grade of 9.24% K2O.
The contract covers deliveries to Indian Potash between October 2019 and 31 March 2020.
The MoU for the project was signed by Uralchem and Angola’s Grupo Opaia SA on the sidelines of the Africa-Russia forum in Sochi, Russia.
The two companies agreed to evaluate opportunities to exchange information and technical expertise in order to increase the capacity of the South African company’s projects both in South Africa itself, including Elandsfontein, the country’s second largest phosphate deposit, and in the Republic of the Congo and Ghana.
The company recorded a net loss of US$23 million, or US$0.20 per common unit, on net sales of US$89 million for 3Q19, compared to a net loss of US$13 million, or US$0.12 per common unit, on net sales of US$80 million for 3Q18.
The company's total fertilizer production in 3Q19 increased by 15.2% y/y to 2460.4 kt. Fertilizer output for 9M19 grew by 7.2% y/y to 7162.0 kt.