Alternate Sirius Minerals debt financing proposal falls through
The company has urged its shareholders to approve Anglo American's proposal to buy Sirius Minerals.
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The company has urged its shareholders to approve Anglo American's proposal to buy Sirius Minerals.
The company recorded 4Q19 net earnings of US$55 million.
Potash sales, which accounted for 24% of the group total, declined to US$302 million in the quarter from US$515 million a year earlier.
The UFN-III unit has a projected urea and ammonia production capacity of 3600 tpd and 2200 tpd.
The loan agreement provides financing support for liquid ammonia exports from Kingisepp to customers worldwide for up to two years.
Bjerne S. Clausen will continue as CEO until Roeland Baan takes up his new position on 1 June 2020.
Yara's 4Q19 net income after non-controlling interests was US$199 million, compared with US$157 million a year earlier.
Sandvik adds a new cold finishing tube manufacturing line at its Mehsana Mill, in Gujarat, western India.
The company recorded annual sales of US$6.2 billion for 2019, 11% higher than a year ago, as a result of a 7% increase in sales volumes and a more favourable price environment in the first six months.
Under the MoU Highfield can provide Keytrade up to 300 000 tpy of muriate of potash (MOP) from Highfield's Muga potash mine in Spain.
HELM and Gensource are currently finalising the definitive offtake agreement for Tugaske under which HELM will purchase 100% of the production from the project for 10 years.
The remaining results from the 2019 drill and auger programme at the 10 Mile West tenement have provided even higher grades and lower impurity levels than previously reported.