|YEAR START UP||1973|
|FILTER||BIRD 24C, BIRD 24B|
|BACKGROUND||November 7, 2017. Itafos announced that it has signed a definitive arm’s length purchase agreement with Agrium Inc. to acquire Agrium’s Conda Phosphate Operations, an integrated producer of phosphate fertilizers and specialty products, for total cash consideration of approximately US$100 million (which includes inventory) on a cash and debt free basis.
Conda Phosphate Operations, located in Conda, Idaho, which include phosphate production facilities and adjacent phosphate mineral rights, produces approximately 540,000 metric tons per year of mono-ammonium phosphate (“MAP”), super phosphoric acid (“SPA”), merchant grade phosphoric acid (“MGA”) and specialty products (“phosphate solutions”) and serves the North American fertilizer market.
The transaction includes long-term strategic supply and off-take agreements. Under the terms of the supply and off-take agreements, Agrium will supply 100% of the ammonia requirements of Conda Phosphate Operations and purchase 100% of MAP product produced, with pricing formulas for both tied to benchmark phosphate fertilizer prices.
|REMARKS||Rock: Rasmussen Ridge Mine Caribou County ID|
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DH: Di Hydrate; HH: Hemi Hydrate; HDH: Hemi Di Hydrate
MTPA: Metric Tonne per Annum (as P2O5)
HBF: Horizontal Belt Filter