Sydney, Australia-Dyno Nobel Ltd. said Feb. 12 that its DNM Ammonium Nitrate plant at Moranbah, Queensland, (formerly referred to as QNB) will proceed, as long-term commitments with Anglo Coal, Rio Tinto, and Xstrata have been finalized. The company said foundation customer contracts, accounting for 100 percent of total production, have been procured. Contracts are for ten years, with annual escalation based on cost drivers. The plant will have capacity of 330,000 mt/y and a total project cost of AUD520 million. The company currently operates six AN plants in Canada and the U.S., as well as a joint venture plant in Queensland. Dyno Nobel is evaluating funding options, including the addition of equity partners. Funding is expected to be complete in first half 2007, with production ramp-up expected in the first quarter 2009. United Group Ltd. will be the construction contractor. Final clearance by the Queensland government is expected in the next few weeks.
Transparency Across the Fertilizer Value-Chain