Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Bullboard Posts
Post by howlongon Aug 23, 2017 1:31pm
168 Views
Post# 26613117

company update "phosphate sales" "500 tons"

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
Bullboard Posts