Mining Weekly reported that MBAC Fertilizer has announced positive results from its feasibility study for the Santana phosphate project in Brazil, with an after-tax net present value of $396 million for the project which originally was expected to cost $426.7 to build.
Articles Tagged "phosphate"
The Economic Times of India reported that India has purchases 160,000 tonnes of diammonium phosphate from China at the lowest price in over six years, marking what could be a price benchmark for other purchasers.
Phosphate and potash are both chemical nutrients used in the production of fertilizers. But what exactly is the difference between them? We break it down for agricultural investors.
The rising cost of food is both a gift and a curse for Brazil. As a commodity-heavy economy, the country’s agricultural expansion is a driving force supporting the expansion of several phosphate producers in the area.
Stonegate Agricom Ltd. (TSX:ST) announced that revisions of its mineral resource estimates for the lower and upper phosphate zones of its Idaho-based Paris Hills phosphate project include a 33.6 percent increase in measured and indicated mineral resources in the lower zone.
Peak phosphate is a risk to both food and biofuel production and should be on the minds of agricultural and mineral investors.
An innovative new phosphate mining technique offers a way to revitalize phosphate production by transforming lower-grade phosphate rock into phosphoric acid.
With advancing technology and booming world demand, phosphate production is heading offshore and into deep water.
MENA phosphate producers represent more than 80 percent of world reserves. Overrun by political risks, this region will require moderating labor and wage relations between state-run producers and a politically invigorated labour force going forward.
Potash production remains stagnant as Potash Corp and Uralkali cull output in response to low farmer purchasing. However, short-term prospects look slightly positive as producers are certain global demand will pick up.