Fertilizer project news
Crystal Peak Minerals' potash mine given go-ahead by US Department of the Interior
Upon receipt of funding and completion of detailed engineering, the company will be in a position to begin construction in 2020.
JSC EuroChem Northwest Phosphorit ammonia plant achieves successful start-up
The facility’s 1 million tpy ammonia production capacity is the largest in Europe.
Yara and Nel aim for carbon free hydrogen for fertilizer production
The two companies hope to produce hydrogen from renewable sources to be fed into Yara's existing ammonia plant, which will either be used in fertilizer production or used as green ammonia.
GlobalData: India to drive global ammonia industry growth between 2019 and 2030
A report by the company has concluded that India is on course to have capacity additions of 9.27 million tpy by 2030.
Gensource Potash Corp. announces initiation of senior debt financing
The company has received letters of intent from KfW IPEX-Bank of Germany and Export Development Canada with regards to one of its small-scale production facilities in central Saskatchewan, Canada.
Karnalyte Resources announces 2Q19 results
At 30 June 2019, Karnalyte Resources had cash of CAN$8.6 million, a positive working capital of CAN$8.7 million and no debt.
Encanto Potash Corp secures CAN$7.5 million operating line of credit
Encanto Potash Corp. is engaged in the development of potash properties in Saskatchewan, Canada.
MoU signed for new ammonia plant in Egypt
Al-Nasr Fertilizers Co., and Benchmark Power International are to establish an ammonia production plant in the Suez Governorate.
Sirius Minerals suspends US$500 million bond
The company intends to revisit the market when conditions have improved later this quarter.
Danakali's Colluli Potash project receives credit approval for senior debt finance
The credit approval has been obtained from the Africa Finance Corp. and the African Export Import Bank.