
Nutrien releases 2Q19 results
Net earnings in 2Q19 were US$858 million (US$1.47 diluted earnings per share). 2Q19 adjusted net earnings was US$1.58 per share and adjusted EBITDA was US$1.9 billion.
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Net earnings in 2Q19 were US$858 million (US$1.47 diluted earnings per share). 2Q19 adjusted net earnings was US$1.58 per share and adjusted EBITDA was US$1.9 billion.

Danakali and the Colluli Mining Share Company have said they aim to commence project execution in 2019.

PhosAgro-Region (a PhosAgro subsidiary) increased the total volume of mineral fertilizer sales to Russian agricultural producers by 14.3% y/y to 1.65 million t in 1H19.

Compound fertilizers, which are well suited to dry climates and can be tailored to individual terrains, are key to meeting world’s growing demand for food production.

During the maintenance period, the existing facilities will be supplemented by further components for screening and cooling the products.

The two companies have identified a mutual opportunity for Salt Lake Potash to use part of the pre-strip material from Blackham’s proposed Williamson Pit development for the construction of the Salt Lake Potash project's on-lake evaporation ponds.

The company has made an EPCM agreement with Lycopodium for services related to the development of Itafos Farim’s mine site, which is expected to produce 1.3 million tpy of phosphate rock.

The company's ammonia output was up 6% y/y to 1 362 000 t.

The proceeds of the offering will be used, together with proceeds from the other elements of the Stage 2 Financing, to fund the construction and development of a polyhalite mine, located in North Yorkshire in the UK.

The application from Kalium Lakes was for the Euro/US dollar equivalent of approximately AUS$50 million of project finance export cover.

The engagement of Primero is on an Early Contractor Involvement basis, with the initial awarded stage being the process plant design works.

The company has received a AUS$1.3 million Research and Development Tax Incentive from the Australian Taxation Office.