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Agrimarkets

  • Tata Chemicals reports improvement in Q4 performance 31 May 2016

    Tata Chemicals reported a 26% rise in EBITDA for the quarter ended 31 March, as sales in its soda ash and salt business drove higher revenues. Fertilisers however remained under pressure. Read More

  • PhosAgro bucks slow market trend with strong Q1 25 May 2016

    The Russian fertiliser producer recorded revenue and profit growth as sales of phosphate products increased 10% year-on-year, on the back of price competitiveness related to a weak local currency. Read More

  • Jindalee gains license to explore Tasmanian magnesite 24 May 2016

    Australian exploration miner Jindalee Resources has obtained a license to explore the Arthur River and Lyons River magnesite deposits in Tasmania, estimated to harbour one of the largest local reserves of the ore. Read More

  • Mineral health check – what do Q1 results say about the state of the industry? IM June Issue

    IM looks at first-quarter performances of the leading industrial mineral companies and what the financials say about the state of the sector. Read More

  • SQM boosted by 30% lithium price rise in Q1 19 May 2016

    Overall income for Chilean lithium, potash, iodine and nitrates producer Sociedad Quimica y Minera SA (SQM) fell by 18% y-o-y, the result of weaker potash and iodine prices. A significant price rise in lithium coupled with increased volumes saw this sector post strong results, however, as demand for the battery mineral continues to rise. Read More

  • FLSmidth to supply Russian port with equipment 18 May 2016

    Finnish equipment and technology company FLSmidth is to supply Russian marine export terminal owner OTEKO-Portservice LLC with equipment as part of the construction of a new terminal at the port of Taman to increase the handling of fertilisers, sulphur, iron ore and coal from Russia. Read More

  • EuroChem profit falls as higher fertiliser volumes offset by low prices 17 May 2016

    The Russia-based fertiliser producer noted that while demand for phosphate had rebounded in Europe and North America, lower year-on-year prices impacted its earnings. The company is also in the process of developing two potash projects for a total of 8m tpa capacity, noting that potash curtailments had strengthened prices for the mineral. Read More

  • Sirius ups York potash reserve 17 May 2016

    UK AIM-listed Sirius Minerals Plc has increased the polyhalite reserve of its project in North Yorkshire, UK by 30m tonnes in the wake of the publication of a March feasibility study. Read More

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