Agrimarkets

  • K+S Canada to partner with PCT for building of new potash handling terminal 15 April 2014

    The German potash producer is progressing with the development of additional capacity from its Legacy project in Saskatchewan to replace depleting deposits in Germany. The terminal will help to expand trade with Asia and ensure high quality handling of potash products. Read More

  • Western Potash confirms ownership of mineral rights in Rio Tinto potash project 14 April 2014

    The confirmation that junior Western Potash does indeed own rights within Rio Tinto’s potash project in southern Saskatchewan will no doubt impact the mining giant’s plan to progress the deposit, which it previously categorised as a Tier 1 development. Read More

  • Belaruskali plans to increase potash sales to Russia 14 April 2014

    The company is in talks with other producers to provide Russian agricultural companies with alternative sources of fertiliser minerals since the break-up of BPC last year. Read More

  • UK gypsum producers join European recycling project 11 April 2014

    By taking part in the Gypsum to Gypsum recycling project, major plasterboard companies British Gypsum, Knauf and Siniat will have access to modern technological developments for gypsum recycling and plasterboard waste management in the European gypsum industry to improve management and processing of gypsum waste. Read More

  • Uralkali 10% volume increase not enough to stem revenue decline 11 April 2014

    Although the Russian producer is continuing to ramp up production and increase capacity, volume increases have not yet been able to offset declining potash prices in a challenging market. Read More

  • IM22: Innovation will lead the way for industrial minerals 11 April 2014

    The keynote speech delivered by Rio Tinto’s CEO Xiaoling Liu at IM’s biannual industry meeting in Vancouver marked a fresh outlook for an industry which has faced significant challenges since the global economic downturn. Read More

  • Compass sees salt sales surge in North America 11 April 2014

    Compass Minerals expects its position as a global salt supplier to be strengthened as North America is hit by a harsh winter. Its recent acquisition of Canadian fertiliser producer Wolf Trax will also give the company access to a diversified crop market, consolidating its position as a major supplier of fertilisers. Read More

  • Price Briefing 4 – 10 April 11 April 2014

    TiO2 prices rise in Ukraine while sellers’ market continues for frac sand Read More

  • Fierce competition to keep fertiliser mineral prices low 09 April 2014

    Belarus maintains 0% export duty on potash; phosphate buyers stock up on cheap material Read More

  • CRP defines maiden JORC resource for deep sea phosphate project 09 April 2014

    Chatham Rock Phosphate is looking to be among the front runners in pioneering deep sea mining. The company is now waiting for Marine Consent for its project, which it says is more environmentally friendly than the current method of importing phosphate to New Zealand from Morocco. Read More

  • Perlite Canada records net losses in Q1 2014 08 April 2014

    Devaluation of Canadian dollar and increase in perlite prices are affecting the best performing company’s business, which might need to change purchase strategies and price structure to counter early year losses. Read More

  • Martin Marietta acquires US limestone assets 08 April 2014

    A better focused partnership with Hunt Midwest Enterprises will allow Martin Marietta to expand its limestone plants and consolidate its position of second largest supplier within the aggregate and concrete business in the US. Read More

  • PotashCorp. CEO appointment met with surprise from industry 08 April 2014

    The potash industry has struggled since the break-up of BPC last year, so the announcement that Jochen Tilk, a fertiliser industry outsider, will lead one of the world’s largest potash companies, has been met with surprise. The new CEO will need to navigate PotashCorp. through demand uncertainty and lingering low potash prices. Read More

  • Ma’aden enters research partnership with KAUST 07 April 2014

    The KAUST Industry Collaboration Programme will give Ma’aden access to innovative research and technologies, and help to support the company’s operations in remote areas by addressing key industrial challenges such as sustainability. The partnership could also have direct applications in the development of Ma’aden’s Wa’ad Al Shammal phosphate project, which recently received a $2bn public investment fund. Read More

  • Canpotex matches Uralkali on Indian potash contract price 07 April 2014

    The deal agreed by the North American trader mirrors the terms of the Uralkali agreement signed three days previously. It emphasises the efforts being made by potash producers to make their offers competitive to India following the chopping of its potash subsidy. Read More

  • Solvay expands into Brazil with new acquisition 04 April 2014

    Solvay’s acquisition of speciality chemicals producer ERCA will not only double its production capacity but also give it access to one of the world’s largest personal care and agrochemicals market. Simultaneously the company is making an attempt to reduce its debt so it is halved by June 2015. Read More

  • Uralkali increases Q1 potash production 40% y-o-y 04 April 2014

    Since the breakup of BPC, Uralkali has adopted a volumes over prices strategy, and the company is continuing to ramp up output to offset lower potash prices. However, with prices already at a four-year low, additional production will most likely keep prices at low levels. Read More

  • EP Minerals opens new perlite plant in US 04 April 2014

    By opening a new plant in Nebraska, the company will be able to provide its customers in the Midwest with perlite products for filtration and corn processing, increasing profits and reducing logistics costs in its business. Read More

  • IM22: Rio Tinto expects borates demand to increase in agricultural markets 04 April 2014

    A growing global population is creating more demand for borates as farmers are required to deliver higher crop yields, meaning that the race is on to expand capacity and bring new projects online to match the growth rates. Read More

  • Agrium warns late spring will hit Q1 profits 03 April 2014

    Shares for the North American fertiliser producer have declined after it said Q1 profits will be just above breakeven due to a late spring and reduced rail availability, while an unplanned shutdown at its nitrogen facility will reduce production and impact Agrium’s second quarter. Read More

  • MagIndustries gets potash port boost 03 April 2014

    An agreement signed with Republic of Congo government paves the way for a new dry bulk port. The deal means the company will be able to double potash production from its project near Pointe Noire, and export the fertiliser mineral from the new port. Read More

  • Uralkali agrees Indian potash contract at seven-year low price 02 April 2014

    Russian producer Uralkali has agreed a supply contract with Indian IPL at prices more than $100/tonne lower than last year. As the agreement will no doubt benchmark prices for similar deals, this is bad news for producers expecting a demand revival from India after two years of low potash application rates. Read More

  • ICL invests additional $14.4m in Allana Potash 01 April 2014

    The JV and additional investment from fertiliser producer ICL is a credible endorsement of the Danakhil project and will help Allana to secure additional funding for its advancement. With production expected in 2015, Allana’s work on the project will help to ensure potash fertilisers are commercially available, addressing under application of the mineral in traditional Ethiopian farming. Read More

  • Reward Minerals granted trading halt for Australian potash project 31 March 2014

    The company is continuing with the development of its Lake Disappointment potash project as it hopes to become a global player in the premium SOP market used for speciality crops. Read More

  • Potash Ridge reports $0.9m net loss for Q4 2013 28 March 2014

    The SOP hopeful posted a lower loss than the previous year and has progressed its project in Utah with the conversion of its exploration agreement into a mining lease. The company is also looking at potential markets for its alumina-rich material, which could be assessed for potential refractory and proppant grade material. Read More

  • Grupa Azoty to double phosphate output in Senegal 28 March 2014

    The drive to vertically integrate in the phosphate market is all important for Poland's ZChP as tensions mount in Russia. Furthermore, the company has also made noises which indicates that it is hoping to supply the North American market. Read More

  • US Mississippi Power is completing FGD plant for synthetic gypsum 27 March 2014

    With new federal environmental regulations, many industries in the US are developing FGD plants which recycles SO2 from flue gases and produces synthetic gypsum. This movement is likely to determine a significant change in the gypsum industry, shifting production from natural to FGD gypsum. Read More

  • Global Habitat to supply Mexican perlite in the US markets 27 March 2014

    With the acquisition of a Mexican perlite mine, the US-based construction company will play a new role in the perlite supply in the US markets, competing with vermiculite and perlite producers in the US. Read More

  • Mosaic confirms job cuts at Saskatchewan potash operations 26 March 2014

    The company is the latest in a series of potash producers to reduce its workforce in response to uncertain market conditions. Although demand is expected to slowly return, fertiliser companies will need to continue cutting costs to offset low potash prices. Read More

  • Phosphate prices and market biggest risks for Potash West 26 March 2014

    A report published by Breakaway Research for the phosphate development company said that while the Australian Dinner Hill project is located in an ideal location to target Asia, SSP prices have dipped in recent years, and trading remains limited. Read More

  • IM Phosphate News in Brief March 2014 25 March 2014

    Mosaic completes CF Industries acquisition; Rum Jungle updates mineral resource Read More

  • Uralchem increases project investments by 5.5% in 2013 21 March 2014

    Despite a difficult market situation and a 13% decrease in phosphate based fertiliser production last year, Uralchem demonstrated it is confident in the future of the fertiliser markets by continuing capacity and new product upgrades, increasing investment to $174m. Read More

  • Future of industrial minerals uncertain as sanctions against Russia become reality IM April 2014 issue

    The Ukraine-Russia dispute over Crimea puts shale deals under scrutiny, while oil and gas exploration face uncertainty and potash prices are expected to increase. Read More

  • A growing market: vermiculite and perlite in horticulture IM April 2014 issue

    Reporter, Antonio Torrisi, and Senior Reporter, Kasia Patel, take a look at the uses of vermiculite and perlite in the horticultural industry. Read More

  • IM Diary dates April 2014 IM April 2014 issue

    Industry Events for the industrial minerals market Read More

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