Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Basic Materials

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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Post by JimTorontoon Jun 16, 2023 1:58pm

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Post# 35500587

Phosphate rock in May 2023

"Phosphate rock prices continue to trade at a record high.

Morocco FOB Phosphate ore prices for 32% P2O5 remain at US$345/t in May 2023, with @worldbankdata forecasting prices to remain elevated at US$260/t in 2023 and US$240/t during 2024.

Growing food security requirements along with the adoption of #LFP batteries by carmakers, following China's lead, to reduce costs is expected to drive long-term demand for phosphate."

Commodity Markets Outlook from World Bank.

https://openknowledge.worldbank.org/server/api/core/bitstreams/6864d537-d407-4cab-8ef1-868dbf7e07e2/content

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