Mayo Schmidt succeeds Chuck Magro, who is stepping down from his management and Board role at the company to pursue new opportunities.
The latest fertilizer news
The company has received Green Loan verification for the debt issued to partly fund the development of the Lake Wells sulfate of potash project.
Building on the Feasibility Study, the company has completed a concept study to examine the potential to develop Khemisset using a four-phased approach to reduce upfront capital costs and execution risk, and plan additional expansion stages to ensure that its economic value is fully developed.
Abu Dhabi National Oil Co. and OCI N.V. are reportedly weighing an initial public offering of their fertilizer joint venture Fertiglobe.
Arianne partnered with the Quebec Center of Geomatics (CGQ) to advance research and development on a new method for the design and future monitoring of the company’s tailings operations.
Nutrien has also launched six commitments that aim to address the challenge of sustainably feeding a growing global population while protecting the planet, which include achieving at least a 30% reduction in greenhouse gas (GHG) emissions (Scope 1 + 2) per tonne of products produced.
According to experts, the change means that an additional 2 million t of apatite-nepheline ore will be mined from the open pit southwestern side.
The new price is US$280/t on CFR terms, compared to US$247/t when the contract was first signed in January 2021.
Togliattiazot increased supplies of urea to the Russian domestic market to 35 000 t in February this year.
The company has signed a non-binding MoU with Summit Africa Ltd that will seek to optimise, fully finance and construct the Kola potash project in the Republic of Congo via a mix of debt and royalty financing.