Red ink is flowing in most fertilizer markets as farmers begin to think about tax-related purchases. With some nutrients selling at 10-year lows, relative bargains can be had for nutrients you’ll need in 2020.
TORONTO, ON – October 30, 2019 – Itafos (TSX VENTURE: IFOS) (the “Company”) announced today the results of an independent technical report encompassing Itafos Conda and Itafos Paris Hills deposits concluding increased existing Mineral Resource estimates and defining the Husky1/North Dry Ridge (“H1/NDR”) deposits as the Company’s path forward for mine development.
The scientific community has issued a stark warning that we may exhaust supplies of phosphate, a fertiliser that is crucial to ensuring global food security, in the next few decades. Along with nitrogen, phosphate comprises an integral component of the fertiliser that farmers use to spray crops and maximise agricultural yields all over the world.
FLSmidth and Rio Tinto have executed a five-year, fixed-term Global Framework Agreement (GFA) which enables the parties to engage on the supply of fixed equipment, including mineral processing and material handling technologies, spare parts, consumables, and maintenance, consultancy and professional services.
The British company Sirius Minerals has signed a ten-year agreement with zatar Chemical and Petrochemical Marketing and Distribution (Muntajat) to supply Poly4 to the Middle East, Africa, Australia and New Zealand.
The Department of The Environment of the Canadian Province of Alberta reported that Nutrien pleaded guilty to environmental pollution in Calgary in January 2017. Then, as a result of equipment failure at the Agrium plant (now Nutrien), liquid ammonia leaked.