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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

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Post by JimTorontoon Oct 09, 2022 3:26pm
209 Views
Post# 35014999

"Phosphate Exports in Morocco Rose by A Record"

"Phosphate Exports in Morocco Rose by A Record""In its report, Fitch further explains that Moroccan-sourced phosphate rock is set to average $270 per tonne at the end of 2022, up from $200 per tonne in the previous outlook.
 
Prices of Moroccan-sourced phosphate could take a downward trajectory in 2023, Fitch argues, but it would remain at $160 per tonne, above the $150 per tonne from the previous outlook."

https://www.moroccoworldnews.com/2022/10/351699/phosphate-exports-in-morocco-rose-by-a-record-68-in-2022




Itafos and GB minerals announced merger on December 28, 2017.
Average phosphate rock price on December 15, 2017: $80 per ton. 
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