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 Nov 16, 2018 2:59pm

73 Views

Post# 28986683

RE:RE:RE:news

"the acquisition of Conda is indeed transformative to Itafos."

Yes it is - A nmber of us noted when the deal transacted that it was a game changer for the company. Itafos IS Conda, especially in light of the on-going disaster Brazil continues to be.

Realized prices of $161 in Brazil are far too low to be profitable - I'm really questioning the forecasted economics when consistently the realized prices are far below the supply/demand dynamics forecasted.

Either China is dumping cheap fertlizer on the Brazilian market to hold market share and/or the demand within the country isn't materializing.

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