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Bullboard - Stock Discussion Forum
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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TSXV:IFOS - Post Discussion
Itafos Inc
> Nutrien 2021 results and forecasts out today
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Mineralrunner
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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
(9)
•••
gossamer6
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Comment by
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on Feb 17, 2022 12:53am
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