Ammonia safety update
As well as a recent US Chemical Safety Board report on an ammonia release incident, the past year has seen considerable focus on safety of ammonia at sea, in preparation for its possible use as a clean burning maritime fuel.
As well as a recent US Chemical Safety Board report on an ammonia release incident, the past year has seen considerable focus on safety of ammonia at sea, in preparation for its possible use as a clean burning maritime fuel.
Increased merchant ammonia capacity over the next few years may lead to longer term price declines.
The International Fertilizer Association (IFA) released a new report on phosphogypsum (PG) in May, ahead of its Annual Conference in Monaco.
Selected highlights of the International Fertilizer Association’s Annual Conference in Monaco in mid-May.
President Donald Trump delayed his ‘liberation day” tariffs by three months on 9th April, while simultaneously ramping up levies on China.
President Donald Trump delayed his ‘liberation day” tariffs by three months on 9th April, while simultaneously ramping up levies on China. In this latest twist to the on-off US tariffs saga, the Trump administration’s 90-day pause on additional duties should provide international suppliers to the world’s biggest fertilizer market with some respite – for now. With the exception of China, the US will now cut back its so-called ‘reciprocal tariffs’ to 10% for the duration of a three-month suspension period. The European Union’s tariff is now halved to 10%, for example, with the trade bloc also pausing its trade countermeasures against the US.
While the US tariff situation remains subject to considerable uncertainty, there has already been an impact on short term trade flows, as well as investment decisions.
The Sulphur Institute (TSI) held its World Sulphur Symposium in Florence from April 8th-10th.
The US Chemical Safety and Hazard Investigation Board (CSB) has released a second update on its ongoing investigation into the fatal hydrogen sulphide release that occurred on October 10, 2024, at the PEMEX Deer Park Refinery in Deer Park, Texas. Two contract workers died during the incident, and over 13 tonnes of hydrogen sulphide gas were released. Local authorities issued shelter-in-place orders lasting several hours for the neighbouring cities of Deer Park and Pasadena.
Verdant Minerals says it has been granted two key productive mineral leases for its Ammaroo Phosphate Project by the Northern Territory government. The company says that this significant milestone advances one of the world's largest undeveloped phosphate resources, located about 220km southeast of Tennant Creek. Acting Chief Minister and Minister for Mining and Energy, Gerard Maley, stated, “This is a significant milestone in progressing a world-class resource project that will support jobs, drive investment, and strengthen the NT’s position as a leader in resource development.”