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Bullboard - Stock Discussion Forum 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... see more

TSXV:IFOS - Post Discussion

Itafos Inc > Nutrien 2021 results and forecasts out today
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Post by Mineralrunner on Feb 16, 2022 7:03pm

Nutrien 2021 results and forecasts out today

Nutrien released its 2021 results today and outlook.  This appears to bode well for IFOS.  They also have strong projections for acreage in Brazil.

“The outlook for global agriculture and crop input markets is very strong...."

"Phosphate adjusted EBITDA was $196 million in the fourth quarter of 2021 and increased 133 percent to $540 million in the full year of 2021"


"Phosphate prices have been supported by the expected reduction in supply from China due to export restrictions and elevated raw material input cost. This is compounded by tight inventories in key import markets such as India."

https://www.nutrien.com/investors/news-releases/2022-nutrien-delivers-record-results-and-expects-continued-growth-2022
 
Comment by gossamer6 on Feb 17, 2022 12:53am
This post has been removed in accordance with Community Policy