The potash fertilizer supplier said its 2021 guidance included an expected one-off gain from the contribution of assets to the REKS joint venture of around €200 million, which is set to be generated on closing of the transaction in the summer.
The drilling programme has confirmed the presence of an extensive palaeovalley system up to 5 km wide and 100 m deep, with evidence of multiple aquifers at varying depths.
Under the terms of the agreement, Uralkali will become the title sponsor of the team, which will change its name to Uralkali Haas F1 Team.
Sequoia and the Commonwealth Bank of Australia will invest US$39 million and US$25 million respectively into the facility, complimenting existing investments led and arranged by Taurus Mining Finance Fund No. 2 L.P (Taurus) and the Australian Government’s Clean Energy Finance Corp. (CEFC).
The study concludes that the Muga potash mine represents a significant positive socioeconomic potential for the local region.
The Goa plant of Zuari Agrochemicals is engaged in the manufacture, distribution, imports and sale of urea, DAP and various grades of NPK fertilizers, with a total installed capacity of 1.2 million tpy.
Casale will study the modifications required to boost the output by 15% to 25%, depending on the fertilizer grade to be produced, as well as furnish one new Pipe Reactor to replace the existing one in the granulator.
The Northern Australia Infrastructure Facility has made an Investment Decision to provide a debt financing facility of AUS$140 million to assist the development of the Lake Wells SOP Project.
The net proceeds of the equity placement will principally be used for the continuation of the Khemisset Project development workstreams comprising the detailed design for the mine.
With the submission, the company has replied to all the questions from the relevant mining authorities in Madrid, Aragón and Navarra on the documentation submitted by the company.
Emmerson Plc has announced that it is in the process of assessing a conceptual, staged development for its 100% owned Khemisset potash project.
Intrepid Potash has increased its agricultural pricing for potash by US$50/t at all locations and on all new orders.
Emmerson Plc has received the mining licence (ML) for its 100% owned Khemisset potash project from the Moroccan Ministry of Energy, Mines and the Environment.
Nutrien Ltd has announced that it is fully aligned with Canpotex’s view that the new price agreed between Indian Potash Ltd (IPL) and Belarusian Potash Co. (BPC) is significantly below market price levels for potash in key offshore markets.