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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 May 14, 2023 10:48pm
166 Views
Post# 35447679

ICL Q1 2023

ICL Q1 2023
"For our phosphate business, we remain focused on multiple long-term battery material solutions, including our LFP expansion in St. Louis. We remain extremely enthusiastic about the opportunities in this new sustainable market and continue to see it as a significant part of our long-term strategic growth


......our investment in St. Louis to develop a cathode-active materials plant for high-quality LFP batteries remains on track and groundbreaking is expected later this year.... This expansion into battery materials built on our existing strong upstream positions in specialty phosphates and helps us develop a significant new growth platform. The time is right to make this move and our vision and ambition are backed by highly attractive markets and a solid plan on how to seize first-mover advantage and win in the LFP cathode active materials market in North America and Europe."
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