https://www.engineeringnews.co.za

Fertoz inks offtake agreement in US

11th July 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed phosphate developer Fertoz has inked a marketing agreement for up to 10 000 t of rock phosphate from a US project owned by Solvay USA.

The agreement will see Fertoz hold the exclusive right to market the product for a period of two years, with Solvey to be responsible for loading the material. The mined material is currently sitting at surface in stockpiles, ready for distribution.

“We are very pleased to have secured this high-quality rock phosphate in Montana, as it provides us with additional supply flexibility in providing product to the Canadian Praire provinces and Midwest USA,” said Fertoz executive chairperson Patrick Avery.

“The location of the material allows immediate access to rail infrastructure and the key road infrastructure of the north-west Highway 15, and east-west Highway 90.”

Avery said that the company has obtained organic certification for the mined phosphate, which will enable Fertoz to market the product to the organic sector, at higher margins.

“This strategic location of this additional supply near key infrastructure routes will also enable Fertoz to meet expected customer orders across areas of North America that are not easily accessible from the company’s other phosphate sources of Wapiti and Fernie.”

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 
Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.052 1.078s - 140pq - 2rq
Subscribe Now