The Mosaic Company has sent shockwaves through the market by slashing its third-quarter 2024 sales forecast for potash and phosphates. The company cited severe operational disruptions, including mechanical failures and significant weather-related issues, as the main causes behind its downward revision. For the July and August 2024 period, Mosaic’s potash sales volumes reached only 1.31 […]
In a decisive move to bolster its role in the global potash industry, BHP has approved a substantial US$4.9 billion (C$6.4 billion) investment for the second stage of its Jansen potash project (Jansen Potash Project Stage 2) in Saskatchewan, Canada. This follows the previous US$5.7 billion (C$7.5 billion) allocated for Jansen Stage 1 in August […]
BHP has decided to move forward with the first stage of its 100% owned Jansen potash project in Saskatchewan, Canada with an investment of $5.7 billion. Stage 1 of the Jansen potash mine development is estimated to yield around 4.35 million tonnes of potash per annum. It will also have a basin position with the […]
Acron Group said that it is expediting the construction of the Talitsky potash mine in Perm Krai in Russia, while increasing the capital investments for this year and the next year for the project from $60 million to $222 million. The Russian mineral fertilizer producer said that it is currently reinforcing and finishing shafts at […]
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 […]
ICL GROUP, an Israeli specialty minerals and specialty chemicals company, has signed a contract with Indian Potash Limited (IPL), an Indian potash importer, to supply 410,000 metric tons of potash, with mutual options for an additional 30,000 metric tons, to be supplied till December 2020. According to the Israeli company, the selling price stipulated in […]