The result is a reduction in the overall tariff rate from 19.97% to 2.12%.
More Phosphates news
Paradeep Phosphates is the first fertilizer company in India to receive BIS (Bureau of Indian Standards).
The resettlement action plan (RAP) for the Cácata phosphate mine has now been completed. The RAP included 41 total farms, part of the Tanto-Zinze Commune and covering 142.4 cultivated hectares (total of 212 hectares) across the mining area.
Saudi Arabian Mining Company (Ma’aden), has renewed its agreement with the Bangladesh Agricultural Development Corporation (BADC), to supply 600 000 t of fertilizers to BADC.
The company has announced an additional US$10.15 million investment from leading global fertilizer companies and investors to accelerate the commercialisation of RhizoSorb® in the US row crop market.
FLSmidth has been chosen to deliver key beneficiation equipment to a Saudi Arabian phosphate mine in the Northern province.
The MOU represents a significant milestone as the first offtake for Cabinda phosphate rock signed with one of Angola’s largest agro-industrial groups.