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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.


TSXV:IFOS - Post by User

Itafos Inc
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(18)
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Comment by kisstopherpon Nov 22, 2017 2:15pm
151 Views
Post# 27013361

RE:RE:RE:does this pay for 178 million plant

RE:RE:RE:does this pay for 178 million plant
patsrep wrote:
so, they are giving it roughly 3  weeks to fill. THAT'S AGGRESSIVE.


It is - Conda is cash flow positive. They want to close the transaction quickly. It's in the interest of both parties to get this completed.

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