Minbos Resources has confirmed the commencement of the Cabinda Phosphate Fertilizer Plant construction in Angola with the signing of a $4.25 million engineering, procurement, and construction management (EPCM) contract. The contract was secured with Brazil’s EPC Engenharia and its Angolan branch, EPX Angola, on 14 June 2023, formalizing the engagement that started last year with […]
India-based Coromandel International has agreed to acquire a stake of 45% in Baobab Mining and Chemicals Corporation (BMCC), a Senegalese rock phosphate mining company, for $19.6 million (INR 150 crores). Apart from the consideration, Coromandel International will provide a loan of $9.7 million (INR 75 crores) to Baobab Mining and Chemicals. The Indian phosphatic fertilizer […]
HCL Technologies has signed a five-year agreement to deliver digital transformation and managed services to The Mosaic Company, a US-based producer of phosphate and potash. As per the agreement, the Indian IT services company will handle and transform the global application and infrastructure environments of Mosaic to boost its agility and ability to bring growth […]