Itafos Inc V.IFOS

$500 million in grants

[JimToronto]

"......$500 million in grants available to increase American-made fertilizer production to spur competition and combat price hikes on U.S. farmers caused by the war in Ukraine.


The program will support fertilizer production that is:

• Independent, and outside the orbit of dominant fertilizer suppliers. Because the program’s goal is to increase competition, market share restrictions apply.
• Made in America. Products must be produced by companies operating in the U.S. or its territories, to create good-paying jobs at home, and reduce the reliance on potentially unstable, inconsistent foreign supplies.

......"

https://www.usda.gov/media/press-releases/2022/09/27/biden-harris-administration-makes-500-million-available-increase