Bullboard - Stock Discussion Forum Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures CGIFF

Primary Symbol: T.CHE.DB.E Alternate Symbol(s): T.CHE.UN | T.CHE.DB.G | T.CHE.DB.H

Chemicals Basic Materials

Chemtrade Logistics Income Fund is a Canada-based company that operates a diversified business providing industrial chemicals and services to customers in North America and around the world. The Company's segments include Sulphur and Water Chemicals (SWC), and Electrochemicals (EC). SWC segment markets, removes and/or produces merchant, Regen and sulphuric acid, sodium hydrosulphite, elemental... see more

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Chemtrade Logistics Income 6 50 Convertible Unsecured Subordinated Debentures > Demand Is Growing Becuase Of Shortages

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Post by goldennorth on Jan 12, 2024 4:10pm

Demand Is Growing Becuase Of Shortages

The miner cited shortages of sulfuric acid and construction delays at newly developed deposits as the main factors behind ongoing production challenges, which it said could persist into 2025. Sulfuric acid is a favorite among producers to extract uranium from the raw ore due to its low-cost and efficiency for different types of ores.

“Despite the ongoing active search for alternative sources of sulfuric acid supply, current forecasts indicate that the company may find it difficult to achieve 90% production levels compared to subsoil use contract levels,” Kazatomprom said in the statement.

https://www.mining.com/uranium-jumps-to-15-year-high-as-top-miner-flags-shortfall/

https://www.chemtradelogistics.com/wp-content/uploads/2023/11/Chemtrade-Investor-Presentation-November-2023.pdf

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