Fertilizer project news

Parkway Minerals has announced that it is commencing the initial ‘proof of concept’ drill program on its 100% owned Lake Barlee Salt Lake Project in Australia.

According to Reuters, Galaxy Resources Ltd has signed an agreement to sell a mining tenements package in Argentina to POSCO – the South Korean steel maker – for US$280 million.

A new blending plant in the state of Mato Grosso is expected to produce 300 000 t of fertilizer by the end of 2018.

Following the recent news that TechnipFMC and LTHE have been awarded major EPCC contracts for two natural gas based fertilizer complexes in Eastern India, LTHE’s CEO has spoken on the matter.

TechnipFMC has been awarded major engineering, procurement, construction and commissioning contracts for two state-of-the-art natural gas based fertilizer complexes in Eastern India.

The African Development Bank has announced that it has approved a US$100 million senior loan to the Nigerian fertilizer company, Indorama Eleme Fertilizer & Chemicals Ltd.

Gensource Potash Corp. has announced that it has entered into a definitive, binding offtake agreement with a senior North American agriculture industry leader.

According to Reuters, Bangladesh has called off negotiations with Trafigura – the Switzerland-based commodity trader – to install a small floating LNG import terminal because of delays in agreeing terms.

Aguia Resources Ltd has released an update on the various activities underway in the local community as part of the consultation process in advance of the preliminary license approval for its Três Estradas Phosphate Project.

Yara International ASA has announced that it has closed its acquisition of the Vale Cubatão Fertilizantes complex, strengthening its integrated position in Brazil.