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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 handyrandy321on Dec 03, 2014 1:12pm
138 Views
Post# 23190718

RE:Here is MBAC Itafos flagship property for anyone new

RE:Here is MBAC Itafos flagship property for anyone new The other 3 plants are running at nominal or above capacity, it is only the benifcation plant that is now on ramp up

Now producing in ramp up.

Itafós has a design capacity of 500,000 tonnes of SSP per year
Mine Life of 19 years

The Itafós site includes a mine and industrial complex, including a mill facility, a beneficiation unit, a sulphuric acid plant, and a granulation plant, that produces fertilizers and other by-products for agricultural use. By 2015, the site is expected to be operating at full capacity and annually producing 500,000 tonnes of Single Super phosphate (SSP).
Today, the site includes a new:

MINE

BENEFICIATION
PLANT

SULPHURIC ACID
PLANT

ACIDULATION
PLANT

GRANULATION
PLANT

The Itafós Operations follows an open pit mining method. The plant is designed for phosphate ore size reduction and beneficiation at the complex to produce 330,000 tonnes of 28% P205concentrate per year. The Sulphuric acid unit has a design capacity of 220,000 tonnes per year and will be reacted with the P205 to produce the SSP product. About 50,000 tonnes of Sulphuric acid capacity is available for sale which is in excess to the requirement for producing the final product at 50,000 tonnes of Granulated Super Phosphate. The sulphuric acid plant will also generate about 6MW of electricity.
In March 2013, MBAC released an updated resource estimate which delineated a deposit containing 79.0 million tonnes of measured and indicated mineral resources and 12.7 Million tonnes of inferred resources. Only 25% of the land package has been explored for the resource estimate. Further phase 2 drilling of the land could support Itafós' production expansion.
The technical report also outlined the deposit’s proven and probable reserves:
NI-43-101 Updated Technical Report
Ore Source K tonnes P2O5 (%)
Proven Reserve 15,954 5.09
Probable Reserve 48,857 5.07

Key Parameters of the Project
Mine Life 19 years
Average ROM Grade 5.56% P2O5 in first 10 years (5.08% P2O5 LOM)
Strip Ratio 2.9 LOM
OPEX $139 US per tonne (first 5 years); $ 162 US per tonne (LOM)

Read more at https://www.stockhouse.com/companies/bullboard/t.mbc/mbac-fertilizer-corp#2lLhEfUXD1wLHKgs.99
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