Tag: Project

Transition Industries has signed a long-term firm natural gas supply contract for the Pacifico Mexinol project in Topolobampo, Sinaloa state with CFEnergía.

The government of Morocco has signed an agreement with the ORNX consortium to advance a $4.5 billion green ammonia project in the southern...

The Indo-Jordan Chemicals Company (IJCC), a wholly owned subsidiary of the Jordan Phosphate Mines Company (JPMC), has signed a $193 million strategic agreement with China’s East China Engineering Science and Technology Company to construct a sulphuric acid plant in the Shidiya area. The new facility will have a capacity of 900,000 t/a of concentrated sulphuric […]

India's state-owned Rashtriya Chemicals and Fertilizers Ltd (RCF) has granted in-principle board approval to set up a new ...

The promise of a global green hydrogen economy is immense, but its realization is hindered by a fundamental challenge: the monumental task of building the necessary infrastructure for production, storage, and transport.

The Kola potash project is up for sale and has started early works in the Republic of Congo.

The Saudi Arabian Mining Company (Ma’aden) says that the Ministry of Energy has approved the allocation of feedstock for its fourth phosphate project. This project aims to produce approximately 1.1 million t/a of ammonia and increase the production of phosphate and specialty fertilizers by about 2.5 million t/a, raising the company’s total production capacity to nearly 12 million t/a. This will further solidify Ma’aden’s position as one of the world’s largest producers of phosphate fertilizers, according to a company statement. Ma’aden will now commence engineering studies and obtain the necessary approvals.

The Abu Dhabi National Oil Company (ADNOC), working in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production, has completed a structured financing transaction of up to $11 billion for its huge Hail and Ghasha sour gas development. Dr. Sultan Ahmed Al Jaber, UAE’s Minister of Industry and Advanced Technology and ADNOC’s Managing Director and Group CEO, commented: “This landmark transaction builds on ADNOC’s successful track record of global energy partnerships and unlocks capital to drive progress at Hail and Ghasha, one of the world’s most ambitious offshore gas projects. The exceptional demand from over 20 leading global and regional financial institutions reinforces confidence in ADNOC’s value creation strategy, innovative approach to financing, and expertise in delivering mega projects. Hail and Ghasha is an important contributor to ADNOC’s gas strategy and is on track to generate significant value for ADNOC, our partners, and the UAE, while unlocking important new gas resources for our customers.”

Metso says it has won a €180 million order for the delivery of engineering and key process equipment for a new primary copper smelter investment at an undisclosed location in Asia. The planned production capacity of the copper smelter complex is 300,000 t/a of copper cathodes and 1.1 million t/a of sulphuric acid, based on licensed Outotec® Flash Smelting, PS Converting and Lurec® technologies. It includes the design and supply of key process equipment for the main areas of the smelter complex, and the gas cleaning and sulphuric acid plant, copper electrolytic refinery, and precious metals refinery. The delivery also comprises site services and spares.

Australia’s Nickel Industries is to sell a 10% share of the Excelsior Nickel Cobalt high-pressure acid leach (HPAL) project in Indonesia to South Korea’s Sphere Corp. The $240 million price tag represents a $2.4 billion valuation for the company. Sphere will acquire the stake from Hong Kong-based Decent Resource, while Nickel Industries will retain its 44% stake in the project, according to Nickel Industries.