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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

Chemicals Basic Materials
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

Itafos Inc
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Post by JimTorontoon Jun 07, 2023 9:07am
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Post# 35484069

EuroChem phosphate in Brazil

EuroChem phosphate in BrazilFebruary 2022
“Yara has announced that its divestment of the Salitre phosphate mining project in Brazil to EuroChem has successfully closed and it has received the total proceeds of US$452 million.
 
Serra do Salitre is an advanced-stage integrated upstream phosphates project in Minas Gerais, southeastern Brazil. It comprises an open pit phosphate mine with more than 350 million t of reserves, and a 1 million tpy manufacturing plant for MAP/NP and SSP/TSP products which is due to come on-stream in 2023”.
 
June 2023
“The Mineroindustrial Complex of Serra de Salitre, in Minas Gerais, reached 75% of progress in the work schedule, which should be completed in the first quarter of 2024, estimated this Monday by EuroChem”.
 
“In South America, in addition to Salitre, Eurochem has a commercial presence in all Brazilian states with the 22 mixing and distribution units of EuroChem Fertilizantes Tocantins and Fertilizantes Heringer, in which the company holds shareholder control”.

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