December 18, 2014 at 07:07 (Fertilizers, Industrial Phosphates, Phosphate Fertilizers)
Tags: phosphate, phosrock
Israel’s potash maker ICL has promoted a major step forward in the phosphate front. It is forming a j-v with the Chinese leading producer of phosphate rock and fertilizers Yunnan Yuntianhua by an investment of US$ 500 million. The Israelis will receive a 15% ownership of the Chinese company, which in 2013 had sales of 55.87 billion Chinese Renmimbi (US$ 9.02 billion). This was an increase of 465.1% versus 2012, when the company’s sales were 9.89 billion Chinese Renmimbi. The value of the Yunnan company’s phosphate chain accounts for some three quarters of their total gross profit.
The new j-v company will operate an integrated phosphate operation, based on an annual production of some 2.5 million tonnes of phosphate rock during the next 30 years, through the 100% ownership of the Haiko Phosphate Mines Assets. They will have a nameplate annual capacity of 700,000 tonnes of phosacid, 1.85 million tonnes of sulphuric acid, 60,000 tonnes of white phosphoric acid, 65,000 tonnes of speciality phosphates for the food and engineered materials market, and 850,000 tonnes of fertilizers. In this way, ICL will overcome her failure in developing the Barir phosphate field in Arad (Israel) due to environmental objections and secure for decades rock at a more competitive cost. ICL produced last year at its home base in the Negev 3.4 million tonnes rock, of which 946,000 were exported. Her main export market was India, where she sold 318,000 tonnes. Last year ICL also produced 576,000 tonnes of green phosphoric acid, 211,000 tonnes of white phosphoric acid, and 1.7 million tonnes fertilizers.
With the additional Yunnan phosphate capacities, ICL will be a more important mover in the phosphate scene, with some 6 million tonnes phosrock, 1,300 tonnes of phosacid, 350,000 tonnes of purified phosacid, 2.7 million tonnes of fertilizers and nearly 0.9 million tonnes of specialty fertilizers. The j-v will also give ICL new products like, for example, specialty water soluble MAP.
January 29, 2013 at 10:42 (Phosphate Fertilizers)
Tags: phosrock, Togo
In West Africa, the Togolese government launched on 2012 a tender searching for strategic partners to develop a 2 billion tonnes carbonated phosphate layer and fertilizer plant, 25km from the beach line and in adjacent to an existing operating phosphate project of its ownership.
Elenilto, one of the leading African mining developers, was selected by the government of Togo as one of the three short listed companies for the development. The company is planning to recover in the 1st stage 5 million tons annually marketable phosphate rock which can ramp up to 10 million tons annually (the concentrated product is 31.5% P2O5). The major part of the marketable rock will be used to produce and export phosphoric acid, and fertilizers as: DAP, MAP, GTSP and further products. The project is including the improvement and construction of wharf, power plant and transportation for the phosphate and fertilizers. Elenilto is developing offshore and onshore oil blocks, iron ore, tantalum, coal and other mineral large scale projects in eight countries in Africa and Europe.
Elenilto joined to the project the Chinese giant company, Wengfu Group, which is one of the biggest Chinese phosphate and fertilizer production companies with worldwide reputation and with many years of global operations in phosphates mining and fertilizer products production using high end technology. Wengfu is entering to the project as equity partner that will invest 40% of the required investments and will provide the management and professional services to the partnership jointly with Elenilto. Wengfu is the world’s sixth largest granulated fertilizer producer. The development of the project will be done in stages and within few years it is expected to begin production. The total investment in the project is estimated to be over 1 billion US$.