Mosaic sells SOPM business for $30 million
The Mosaic Company has sold its Mosaic Potash Carlsbad business in New Mexico to newly-formed company International Minerals Carlsbad for $30 million.
Category: North America
Fertilizers exempted from US tariffs
The US ended ‘reciprocal tariffs’ on fertilizer imports on 14th November.
Synthetic natural gas project for Nebraska
A consortium consisting of TotalEnergies, Osaka Gas, Toho Gas, and ITOCHU have signed a joint development and operating agreement, granting the Japanese companies a combined 33.3% stake in the Live Oak project – a large-scale facility to produce renewable synthetic natural gas, also referred to as e-NG or e-methane, initiated by TES and TotalEnergies and currently under development in Nebraska. Following the agreement, TES and TotalEnergies will each maintain a 33.35 % stake in the project.
US classes phosphate and potash as critical minerals
Potash and phosphate have been added to the updated 2025 List of Critical Minerals published in the US Federal Register on 6th November.
Specialty potash briefing
In this CRU Insight, Humphrey Knight assesses the key market factors driving high SOP pricing.
EU tackles rising fertilizer costs under CBAM through targeted tariff relief
Recent developments show the Carbon Border Adjustment Mechanism (CBAM) remains active for fertilizers, but the European Commission proposes tariff reductions to offset import costs. Tariff suspension details The Commission will temporarily suspend remaining Most-Favoured-Nation (MFN) tariffs on ammonia, urea, and certain other fertilizers. Import tariffs from most-favoured nations stand at 6.5%, excluding higher staged tariffs […]
US intervention spotlights Venezuela fertilizer assets
Venezuela’s nitrogen industry faces uncertainty from US military intervention, as outlined in a recent CRU analysis. Strategic facilities State-owned Pequiven manages three northern coastal plants with 2.4 Mt annual ammonia capacity and 3.0 Mt urea capacity. These sites link directly to PDVSA pipelines and nearby natural gas operations. Historical disruptions and 2023 rebound US sanctions […]
CF ships first low-carbon cargo to Europe
CF Industries has made its first shipment of certified low-carbon ammonia to Europe.
Nitricity raises $50M to go global
Nitricity has secured $50 million in funding and commenced building a liquid fertilizer production plant in Delhi, California.
MCO-I delivers critical turbomachinery to Beaumont project
Mitsubishi Heavy Industries has successfully delivered compressor trains for the Beaumont ammonia project in Texas.