Fertilizer project news

Acron Group has announced that – while the construction ramps up and shaft sinking commences at the Talitsky project – it continues to structure the financing of the project.

The company is mining polyhalite, a type of potash, at the Woodsmith Mine in the UK.

According to Reuters, sources close to the matter believe that Orion will provide royalties and streams and close the fund within the next few months.

IFC will directly lend US$100 million and mobilise an additional US$850 million of loans from other developmental financial institutions and commercial banks.

Emmerson Plc has announced that it has appointed Golder Associates to oversee the delivery of a scoping study on its 100% owned Khemisset Potash Project in Northern Morocco.

Kalium Lakes has executed an offtake terms sheet detailing the commercial terms for an offtake arrangement with respect to SOP production from its 100% owned Beyondie SOP Project.

According to Reuters, K+S has stated that a stoppage at its new Bethune mine in Canada will affect the company’s earnings for 2Q18.

Verde AgriTech Plc has announced that on site plant assembly has now commenced at its processing plant in Brazil.

LSB Industries Inc. has announced that the ammonia plant at its El Dorado, Arkansas, US, chemical facility was taken offline on 4 June 2018 due to a power failure at the facility.

The Colluli Potash Project in Eritrea is a 50-50 joint venture between Danakali Ltd and the Eritrean National Mining Corp.