Fertilizer project news

AFC’s strategic equity investment is part of the overall funding package for development and construction of the Colluli Sulphate of Potash Project.

The Vanguard Area comprises two Saskatchewan subsurface potash mineral leases, KL 244 and KL 245, surrounding the villages of Tugaske and Eyebrow.

The company is now able to proceed with first drawdown on its project debt facilities underpinning the ongoing development of its Beyondie Sulphate of Potash Project (BSOPP).

Under the terms of the contract with Wuhuan Engineering Co., KBR will provide License and Basic Engineering Design (LBED), catalyst, and proprietary process equipment for the Talcher fertilizer plant.

Moroccan Government incentives could contribute up to 10% of the project's total CAPEX.

Perdaman has entered into an historic agreement with the Murujuga Aboriginal Corporation (MAC) as part of its plans to build a fertilizer manufacturing plant near Karratha.

Global ammonium chloride market is poised to reflect moderate growth under 5% for the fertilizer, pharmaceuticals, food, other metal industries and textiles sectors.

The company has said the decision was reached in light of the continued downward pressure on global fertilizer prices.

A 500 m aircore drilling programme at the Laverton Links SOP project in Western Australia will aim to convert the current Exploration Target to a Mineral Resource estimate.

The company has signed term sheets with Unifert, Indagro and Ferisur for the sale of Lake Way sulfate of potash, with a total volume commitment of 170 000 tpy.