
GrowMax Resources announces 3Q18 results
The Canadian company said that it had reduced spending significantly.
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The Canadian company said that it had reduced spending significantly.

OCP senior management will host a conference call to discuss 3Q18 results at 9:30 am EST, 3:30 pm Morocco time (GMT+1), and 2:30 pm London time (GMT) on 29 November.

With granted mining leases in place, the Lake Wells sulphate of potash project in Western Australia is targeting the production of 150 000 tpy through an initial Stage-1 development, rising to 300 000 tpy on development of Stage-2.

The ‘US Biofertilizer Market - Segmented by Microorganisms - Growth, Trends, and Forecast (2018 - 2023)’ report has been added to Research and Markets' offering.

The company’s revenue in 3Q18 rose by 35% y/y to RUB 62.8 billion (US$958 million), while EBITDA grew by 72% y/y to RUB 23.4 billion (US$357 million).

The industry body has released its Vision report outlining the pathway for the evolution of the European fertilizer industry to 2030.

The cap is intended to promote the use of organic fertilizers and reduce health and environmental risks.

Emmerson Plc, the Moroccan-focused potash development company, has released a summary of the results of its recently completed Scoping Study for the company’s 100% owned Khemisset Potash Project in northern Morocco.

The company recorded revenue of US$4.1 billion in 4Q18.

The programme will add to the company’s growing local workforce, which is expected to reach 1000 jobs at full production.

The company’s Board of Directors made the recommendation after reviewing PhosAgro’s financial and operating performance for the first nine months of 2018.

The cargo has been requested for delivery to Gresik port in Indonesia over 25 – 27 December.