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 Mar 08, 2016 9:30am

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Post# 24633706

RE:RE:RE:new development on justice Brazil

Bucala wrote: Could mean many things...not getting my hopes up yet but considering that the civil claims are drawing to a close, My logical thought regarding the unblocking of wages, etc would be to resume operations. Hopefully we don't have to wait long to find out

I'm not sure what it means - There are two banks listed both of which are creditors that got 'the account' unblocked? My guess is the courst froze the accounts so they couldn't withdraw money unitl civil cases were resolved?

Not sure what to make of this Brazillian mess.

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