SAGUENAY, QUEBEC – (August 9, 2018) – Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, today is pleased to announce that it has partnered with the Province of New Brunswick to further its review of constructing a phosphoric acid plant in Belledune, New Brunswick. As part of this agreement, the Government, through Opportunities New Brunswick (“ONB”), will provide a financial contribution toward the cost of a prefeasibility study, the next step in Arianne’s assessment of its downstream opportunity.
Verdant Minerals Ltd has announced that it has formally submitted the supplement to the environmental impact statement to the Northern Territory Environmental Protection Authority (NTEPA) for its 100% owned Ammaroo Phosphate Project.
U.S. fertilizer company Mosaic Co (MOS.N) on Monday topped Wall Street estimates for quarterly profit, led by stronger profit margins for phosphate products and higher sales in Brazil.
The OCP Group, the Moroccan fertilizer giant, is progressing well with its planned multi-billion-dollar fertilizer plant in Ethiopia, The Reporter has learnt.
TechnipFMC has awarded Topsoe a contract for license and basic engineering for two gas-based ammonia plants for Hindustan Urvarak and Rasayan Ltd. (HURL). The two fertilizer complexes in Sindri and Barauni will each comprise 2,200 MTPD ammonia and 3,850 MTPD urea plants and will be realized by TechnipFMC, France, along with their consortium partners L&T Hydrocarbon Engineering, India.
The Canadian major reported Q2 net earnings of $741m, overshadowing its Q1 net loss of $1m, and supporting Nutrien’s plans to “build a new company that is stronger and better equipped”.
SAGUENAY, QUEBEC – (August 1st, 2018) – Arianne Phosphate (the “Company” or “Arianne”) (TSX VENTURE: DAN; OTC: DRRSF; FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region, is continuing its initial in-house review regarding the construction of a downstream phosphoric acid facility and, in conjunction with this review, the Company has entered into a Memorandum of Understanding (“MoU”) for the supply of sulphuric acid.
DUBAI, July 26 (Reuters) – Saudi Arabian Mining Co (Ma’aden), the Gulf’s largest miner, posted a 45.3 percent jump in second-quarter net profit on Thursday, in part due to a rise in sales of gold, alumina and ammonium phosphate fertiliser.
East Africa’s largest organic fertiliser factory is set to open in Uganda’s eastern district of Tororo in October this year.
Australia’s Avenira (ASX:AEV) has moved closer to potentially introducing new technology into its phosphate production process.
HIGHLIGHTS
Ammonia costs follow urea higher with UAN set to rise too.