Jordan Phosphate Mines Co. (JPMC), Amman, and India’s Metals and Minerals Trading Corp. (MMTC), on Jan. 12 inked a Memorandum of Understanding (MoU) to sell phosphate rock, fertilizer and phosphoric acid to India, according to Jordan’s Petra news agency.
Under the MoU, JPMC will provide the Indian company with 450,000 mt each of phosphate rock and fertilizer annually, as well as 300,000 mt of phosphoric acid annually, according to the report, citing JPMC’s CEO Abdel Wahab Al-Ruwad and MMTC’s Chairman Ved Prakash. The memorandum’s timeframe is not reported.