
Minbos Resources Ltd. signs MOU with Grupo Carrinho for supply of Cabinda phosphate rock
The MOU represents a significant milestone as the first offtake for Cabinda phosphate rock signed with one of Angola’s largest agro-industrial groups.
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The MOU represents a significant milestone as the first offtake for Cabinda phosphate rock signed with one of Angola’s largest agro-industrial groups.

On 14 June 2023 Minbos signed an Engineering, Procurement and Construction Management (EPCM) contract with EPC Engenharia (Engenharia e Projetos deInfraestrutura Ltda) and its Angolan subsidiary, EPX Angola (Engenharia e Gerenciamento Lda).

The industry prize fosters sustainable solutions for African agriculture.

Sales of 43 886 t of phosphate concentrate from Kropz Elandsfontein (Pty) Ltd were announced during April 2023.

Under this partnership, Taurus Ag will exclusively distribute Ostara’s Crystal Green® and Crystal Green Synchro™ 50 fertilizers into western Canada.

The company has announced that Dr. Aaron Waltz has been named Chief Technology Officer of the company. Waltz brings over 20 years of experience in the agriculture industry and deep agronomic expertise.

The USDA has awarded Ostara US$7.6 million as part of a grant programme to increase US-based, innovative, sustainable, and farmer-focused fertilizer production.

The company has engaged P&E Mining Consultants Inc. to lead the PEA which will utilise the latest Mineral Resource Estimate completed by P&E in November 2022.

The company has signed agreements with Shareek and the Ministry of Investment, which are set to boost growth across the asset base and accelerate the delivery of Ma’aden’s Phosphate 3 project.

The company has announced the commencement of its exploration drilling programme at its Bégin-Lamarche phosphate property in the Saguenay-Lac-St-Jean Region of Québec, Canada.

According to the phosphate fertilizer market analysis for the years 2022 to 2032, monoammonium phosphate is dominating the product segment and holds more than 31.0% of the share.

Highlights of the most recent surface sampling include multiple high-grade surface grab samples of up to 18.96% phosphate and 6.81% titanium.