Australia’s Incitec Pivot Ltd. reported Feb. 25 that it has been advised by Queensland Rail that it expects the flooded rail line between Phosphate Hill and Townsville to reopen between late April and mid May 2019. While IPL has sought to mitigate the rail closure by road transport, it estimates the outage will give rise to aggregate lost earnings before interest and tax (EBIT) of approximately A$100-$120 million.
Transparency Across the Fertilizer Value-Chain