British Columbia-based Infracon Construction, Inc., announced today it has purchased the shuttered Agrium phosphate mine in Kapuskasing, Ontario.
Tag Archives phosphate

Construction firm to reopen Kapuskasing, Ont. phosphate mine

Mosaic expects Florida fertilizer facilities to return to full production soon
Fertilizer maker Mosaic Co said on Monday that its Florida facilities are expected to return to full production capacity over the coming days after being idled due to Hurricane Milton.

Hurricane unlikely to fuel long-term fertilizer price increase, analyst says
While the price of urea fertilizer has spiked at the Gulf of Mexico as Hurricane Milton bears down on Florida, that increase is unlikely to affect Canadian farmers much, said MarketsFarm analyst Bruce Burnett.

Making Canada self-sufficient in phosphorus
A proposed project near Hearst could ease this country’s reliance on imports of a diminishing commodity
The demand for increased crop production continues, placing stress on domestic consumption but also in feeding the world. That makes the search for domestic sources of phosphate as much about self-sufficiency as it is food security.

More affordability, usage of fertilizers in 2024, analyst says
Israel's fertilizer output normal for now
MarketsFarm — While global fertilizer prices were projected to be steady to higher in 2024, overall affordability is set to improve while usage will increase, according to one analyst. Samuel […] Read more

Mosaic misses profit estimates on lower prices of fertilizers
Farmers seen waiting on prices to stabilize
Reuters — Mosaic Co. on Wednesday missed Wall Street estimates for first-quarter profit on lower prices of potash and other crop fertilizers, even as the fertilizer maker sold higher volumes. […] Read more

Mosaic misses profit estimate amid lower demand for fertilizers
Reuters — Mosaic Co. on Wednesday became the latest fertilizer maker to miss fourth-quarter profit estimates amid lower demand for potash and other crop fertilizers, pushing shares down 2.2 per […] Read more

Nutrien bolsters profit forecast on surging fertilizer prices
Fertilizer sector set for biggest profits in years
Reuters — Nutrien Ltd. on Monday raised its full-year earnings forecast well above estimates after posting a more than 10-fold jump in first-quarter profit, as the world’s largest fertilizer company […] Read more

Thunder Bay shipping season wraps up
MarketsFarm — The last vessel of the shipping season will depart the Port of Thunder Bay on Friday. Grain handling volumes were down on the year, but increases in other […] Read more

High fertilizer prices likely to climb more
MarketsFarm — Expect fertilizer prices to resume increasing, despite having fallen back recently. Prices began their sharp rise around the middle of December and beginning of January. “They will go […] Read more