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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.


TSXV:IFOS - Post by User

Bullboard Posts
Comment by REALRETURNSon Nov 03, 2014 12:30am
166 Views
Post# 23087432

RE:Update is needed on several issues

RE:Update is needed on several issues   You had raised some good points, but you didn't get the fa ts straight. The company does not buy phosphate from Morocco, they buy it from local suppliers, aka neighbors, so they only pay the $110/ton, they produce sulfur, they had already produced it and they probably have some surplus to add to the purchased phosphate rock. SSP (19% phosphate) sells at $200/t as opposed to rock phosphate concentrate (30%-40% phosphate) which sells at $110-$130. Why should you ask the phosphate rock has a higher concentration but lower price? Because it needs to be treated before you can use it for the soil, like steel and iron ore. So relax and take the back seat and just imagine where we will be heading once everything is set in place.
Bullboard Posts