PhosAgro completes first stage of Volkhov project development
The company has opened a new monoammonium phosphate (MAP) production facility, with a capacity of 231 000 tpy, at its Volkhov site in the Leningrad region of Russia.
The company has opened a new monoammonium phosphate (MAP) production facility, with a capacity of 231 000 tpy, at its Volkhov site in the Leningrad region of Russia.
The complex for the production of ammonia, with a capacity of 525 000 tpy, and urea, with a capacity of 700 000 tpy, is to be located at the site of JSC Shchekinoazot, in the Tula region of Russia.
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.
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).
It is expected that project construction of the plant in Akwa Ibom state will commence no later than 3Q21. In the first phase of the project, US$1.4 billion will be invested in building out the plant and its supporting infrastructure with a target operations-commencement date of 2025.
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.
Agripower Australia Ltd, a producer of a range of natural silicon fertilizers for use in agriculture and horticulture, requires a loan facility to help the company develop what is believed to be the world’s largest resource of biogenic amorphous silica.
Yankuang Group has awarded Eurotecnica a contract for the licensing, engineering and procurement of the 24th melamine plant based on Euromel technology.
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.
Yara has partnered up with Statkraft and Aker Horizons to establish a large-scale green ammonia project in Norway.
The new catalyst, developed by the cooperation between Casale and Clariant, has received the Sandmeyer award from the Swiss Chemical Society (SCS).
Kropz Plc, an emerging African phosphate explorer and developer, has announced an update for its Hinda phosphate project located in the Republic of the Congo (RoC).