Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Chemicals

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.

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Itafos Inc

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Comment by kisstopherpon Feb 02, 2016 11:13am

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Post# 24516167

RE:Losing Another Season vs Forex Benefit

Greg - Once again you (correctly) in detail precisley state why a large multi-national fertilizer company should be all over MBAC.

Mosaic both produces domestically in Brazil but also exports significant volumes into Brazil. With the US market being soft in 2016 for Mosaic and exports to Brazil likely crashing it only makes sense for them to build up domestic Brazilian capacity. Why proceed with building new plants in Brazil when one is already built for you? The value proposition for Mosaic is a no brainer given that they have billions in US dollars ready to be deployed.

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