The Mosaic Co. has announced a potash winter fill program. It includes $245/st Midwest warehouses for shipment now through the end of February, with an extra $5/st for rail delivered. Mosaic will be raising the price by $20/st no later than Dec. 16.
Saudi Arabian Mining Co. (Ma’aden) has announced that it is developing its third project for the manufacture of phosphate fertilizers. The project is expected to be implemented in phases and eventually will add a further 3 million mt/y of production capacity. Costs are currently estimated approximately 24 billion Saudi Riyals and full capacity could be reached in 2024. This project is subject to the completion of feasibility studies and necessary consents. The company said further information will be released in due course.
