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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

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Post by JimTorontoon Feb 04, 2023 11:02am
177 Views
Post# 35266718

China

ChinaChina is the biggest exporter of DAP/MAP. Furthermore, “more than 90% of the world's LFP battery cell manufacturing capacity is located in China”.
 
 
1
“On February 3, 2023, the Chinese government issued a notice to launch a nationwide pilot program for the full electrification of vehicles in the public sector…The notice clearly stated that the proportion of new energy vehicles in the new and updated vehicles in the fields of urban public transport, rental, sanitation, postal express delivery, and urban logistics distribution should strive to reach 80%.”
 
https://www.youtube.com/watch?v=Ahczhkkvel0
 

2
“LFP Batteries Account for 55.6% of Market Share in 2022” in China
https://news.metal.com/newscontent/102075553/cpca-lfp-batteries-account-for-556-of-market-share-in-2022
 

3
China’s MAP/DAP export in 2022
MAP down by 46.9%
DAP down by 42.8%
 
Source: China Customs

 
4
Phosphate Rock Production in China in 2022:
104,745,000 tons, up by 0.7% YOY.
 
Source: Statistics China

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