Rio de Janeiro-Vale S.A.’s fertilizer business reported adjusted EBITDA of $54 million on sales of $801 million for the third quarter ending Sept. 30, 2010, compared to the year-ago $79 million and $118 million. The higher sales reflect new acquisitions. Third-quarter potash sales were $87 million, phosphate $573 million, nitrogen $131 million, and other $10 million. Year-ago potash sales were $118 million. Third-quarter average prices were $401/mt potash, $486/st MAP, $386/mt TSP, $218/mt SSP, $558/mt DCP, and $393/mt nitrogen. The year-ago potash price was $515/mt. Third-quarter volumes were 217,000 mt potash, 351,000 mt MAP, 277,000 mt TSP, 771,000 mt SSP, 133,000 st DCP, and 335,000 st nitrogen. Year-ago potash volumes were 229,000 mt. Company-wide, Vale reported third-quarter net income of $6 billion on sales of $14.5 billion, up from the year-ago $1.67 billion and $6.89 billion.
Transparency Across the Fertilizer Value-Chain