company update "phosphate sales" "500 tons" Only a few moments ago Itafos issued a press release with information about the commisioning of its phospate production Including sales of 500 tons of SSP. Full message is on the links at the bottom of this post.
Howlong :)
TORONTO, Aug. 23, 2017 (GLOBE NEWSWIRE) -- Itafos (TSX VENTURE:IFOS) (“Itafos”) provided an update today on the company and the status of its key strategic initiatives.
Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/6158f951-e19b-47bc-a5f1-bb6800aa860d
https://www.globenewswire.com/NewsRoom/AttachmentNg/b80dc3e6-0fc5-408a-b226-92fa302d9018
Itafos Arraias Single Super Phosphate (“SSP”) Operations
Itafos finalized the recommissioning of the Itafos Arraias SSP Operations in Brazil at the beginning of July 2017, on schedule and on budget. Itafos is now actively working to ramp-up its production with a target to reach 80.0% of capacity by year-end. Initial results are positive with P205 concentrate grades reaching levels of over 30.0% and SSP production of over 17,000 tons on specification (01-17-00). In anticipation of the start of the ramp-up phase and as mentioned in its last update in June 2017, Itafos initiated its sales and marketing strategy and booked and received payment for its first sale of 500 tons of SSP to a local blender in Brazil. Itafos will provide periodic status reports as it continues to ramp-up production of the Itafos Arraias SSP Operations and implements its sales and marketing strategy.
Read more at https://www.stockhouse.com/news/press-releases/2017/08/23/itafos-provides-update-on-the-company-andthe-companys-key-strategic-initiative#eOKe9RfwjcUJVTJy.99