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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

Comment by CanadianCodyon Dec 11, 2021 8:45pm
126 Views
Post# 34222432

RE:RE:RE:RE:Share price catalysts

RE:RE:RE:RE:Share price catalysts
As for the sulphuric acid production, they are just producing that product for now. Once the report is out for the plant they will evaluate the best product to produce to move forward. They can produce 220kt of acid per year with a market value currently over $200 per ton USD. That's over 55 million Canadian dollars revenue annually. As for Farim, I believe I did read a while back it would take 18months to build the port. They don't plan on making a product there, just simply mining and selling high grade phosphate. Then for Conda extension. I'd the proposed extension is approved it would extend the current reserves by 30 years.
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