
Metso awarded beneficiation plant contract
Metso has secured a two-year life-cycle contract with Ideal Development for Manufacturing Industries (IDMI) for a new phosphate beneficiation plant at the Eshidiya phosphate mine in the south of Jordan.
Metso has secured a two-year life-cycle contract with Ideal Development for Manufacturing Industries (IDMI) for a new phosphate beneficiation plant at the Eshidiya phosphate mine in the south of Jordan.
The Tunisian cabinet has met to review its future programme for phosphate production, transport, and processing for the 2025-2030 period, as well as the current situation of the Tunisian Chemical Group and its work plan for the same period, according to a government statement. The prime minister stressed the need to develop phosphate production as a national resource and a cornerstone of the national economy that must regain its role and position in supporting state revenues and wealth creation, including increasing production capacity, processing, and exports, while investing in modern technology to enhance productivity, exploring new export markets, and prioritising environmental considerations.
Avenira has secured an A$7.56 million strategic investment from majority shareholder Hebang Biotechnology to progress its Wonarah phosphate project in Northern Territory. The investment, in which Hebang will acquire 1.08 billion shares priced at A$0.007 each, will boost its equity holding in Avenira to 49%. Hebang has also agreed to provide Avenira with an unsecured drawdown loan facility to be repaid on completion of the placement or after the date of the first drawdown.
Dr M.P. Sukumaran Nair, Director of the Centre for Green Technology & Management, Cochin, India and former Secretary to the Chief Minister of Kerala discusses the challenges facing India’s agriculture and fertilizer industry.
• Continuing oversupply means that ammonia prices should continue to come under pressure moving into 2H April, though it remains to be seen just how much further values in Asia can decline before producers begin to shutter output.
In mid-April, Ammonia prices both east and west of Suez remained firmly oriented to the downside, with supply still heavily outweighing demand and suppliers scrambling to place excess tonnage. Bearish market sentiment was exemplified by a Trammo sale to OCP at $415/t c.fr Morocco, $20/t short of Tampa’s c.fr settlement for April and around $44/t down on February.
Urea markets are well supplied at present in spite of Chinese export restrictions, but face volatility due to a number of trade barriers and other non-market pressures.
The Kazakh government has approved the construction of a new ammonia and urea plant in the country’s Mangistau region, on the eastern shore of the Caspian Sea. Construction will be carried out by a joint venture between QazaqGaz National Company and ESTA Construction under Qazesta Fertilizers Ltd. The total investment for the project is $1.35 billion, with construction expected to be completed within three and a half years. The plant’s annual production capacity is projected to reach up to 700,000 t/a of urea and 420,000 t/a of ammonia, adding value to the country’s natural gas production and helping to substitute domestic production for foreign imports of nitrogen fertilizer. Despite a national demand of 3.2 million t/a, domestic production currently only meets about half of that need.
For the first time, K+S is offering farmers low-carbon potash and magnesium fertilizers.
Fertilizer International talks with Jakob Liedberg, the CEO of innovative potassium sulphate producer Cinis Fertilizer.