Fertilizer project news

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.

The President of The Fertilizer Institute, Chris Jahn, has praised the US House of Representatives for voting overwhelmingly in favour of H.R. 8, the Water Resources Development Act of 2018, by a vote of 408-2.

Milestone Potash Corp. has entered into an agreement with SNC-Lavalin Inc. to complete the detailed engineering for the Milestone Phase I Selective Solution Mining Project in southeast Saskatchewan, Canada.