Tag: Potash

We review potash mining and mineral processing methods. Advances in equipment technology and major project investments are highlighted.

Waste heat recovery in the potash industry is now possible thanks to the availability or robust and reliable heat pipe heat exchangers (HPHEs). Igor Makarenko , Solex Thermal Science, explains how HPHE technology can help potash producers reduce their primary energy consumption and cut their CO 2 emissions.

In a recent webinar, Chris Lawson, CRU’s Head of Fertilizers, gave the CRU view on what 2024 holds in store for the global fertilizer industry. Here are CRU’s top 10 calls for the year ahead:

We look ahead at fertilizer industry prospects for the next 12 months, including the key economic and agricultural drivers likely to shape the market during 2024.

Urea: December began on a positive note with a flurry of Egyptian urea sales and firmer prices for delivery to Brazil. The increase in values was short lived, however, and piecemeal demand in Europe was insufficient to halt the downward trend. By mid-December, buying interest from Brazil had fizzled out, although sellers breathed a sigh of relief when India’s NFL floated a new import tender on 21st December.

Brazil is a powerhouse agricultural economy, ranking as a top three global exporter of soybeans, corn and sugar. It is also the world’s number one producer and exporter of oranges and orange juice – as highlighted in our current issue (p18).

Fertilizer International presents a global round-up of current potash projects.

We report on fertilizer production, consumption and pricing in the US market. The country’s fertilizer industry, ranked fourth globally in terms of total production capacity, has grown and developed alongside its increasingly sophisticated domestic agricultural sector.

Market Insight courtesy of Argus Media. Urea: Prices in general fell further in late October. Suppliers in most regions were forced to accept lower than expected net-backs due to low import demand and high producer inventories. India was the exception with IPL securing 1.7 million tonnes of urea at $400-404/t cfr under its 20th October tender.

Bruce Bodine will become the new CEO of The Mosaic Company from the 1st January 2024. He was unanimously elected by the company’s board of directors at the end of August. His appointment followed the announcement that the current CEO Joc O’Rourke will retire next year. Mr Bodine was also elected company president in August and appointed as a member of Mosaic’s board with immediate effect. He was previously the company’s SVP -North America.