Industry News
- Aus govt awards A$50m in grants to critical mineral projects
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(Mining Weekly) – The federal government on Friday approved nearly A$50-million in grants to accelerate the development of the critical minerals industry in the country, as part of efforts to reach net zero.
The project will also produce 300,000 t/y of elemental sulphur, which will reduce Australia’s dependence on imports for fertiliser production.
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- Prices of Lithium Surge, Lifted by Demand for EVs
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(The Wall Street Journal) - Surging prices for lithium are intensifying a race between auto makers to lock up supplies and raising concerns that a shortage of the battery metal could slow the adoption of electric vehicles.
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- Energy, mining make the market look too good
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(The Wall Street Journal) - Soaring profits at oil companies and miners are making earnings look better than the reality of the rest of the stock market, and distorting Wall Street’s favorite valuation tool, the ratio of price to forecast earnings.
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Member News
- Tessenderlo Kerley, Inc. celebrates groundbreaking in Ohio for fertilizer facility
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Tessenderlo Kerley, Inc. held a celebratory groundbreaking to mark the commencement of construction on a new liquid fertilizer facility in Defiance, Ohio. The new 50,000-square-foot production facility will occupy 50 acres and is set to become operational in 2024. The facility will service the Eastern Great Lakes Region through its distribution partners and will include terminal loadouts for rail cars and tanker trucks.
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- Ford to buy lithium from ioneer for U.S. EV battery plant
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(Reuters) - Ford Motor Co (F.N) said on Thursday it will buy lithium from ioneer Ltd's (INR.AX) Rhyolite Ridge mining project in Nevada and use the metal to build electric vehicle batteries in the United States.
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- Koch Ag Completes Acquisition, Forms Joint Venture With Moroccan Phosphate Subsidiary
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(The Daily Scoop) - "The closing of this acquisition marks Koch's first substantial investment on the African continent," said Brad Razook, Executive VP of Koch Industries and CEO, Resources. "We are excited to add another nutrient to the KAES portfolio in collaboration with a world-class partner."
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What We Are Reading
From the Farm: Adding Sulfur to Soybeans
(WCIA) – As farmers look to get better yields in soybeans, soybean promotion agencies want them to raise soybeans with higher protein content for better livestock performance. But there is a problem with that: with higher yields, protein levels go in the different direction.
Revisiting Sulphur—The Once Neglected Nutrient: It’s Roles in Plant Growth, Metabolism, Stress Tolerance and Crop Production
In the wake of huge demand for high quality cereal and vegetable diets, sulphur can play a key role in augmenting the production, productivity, and quality of crops. Additionally, in light of the emerging problems of soil fertility exhaustion and climate change-exacerbated environmental stresses, sulphur assumes special importance in crop production, particularly under intensively cropped areas. Here, citing several relevant examples, we highlight, in addition to its plant biological and metabolism functions, how sulphur can significantly enhance crop productivity and quality, as well as acclimation to abiotic stresses.
NorFalco LLC
TSI's strong advocacy for safe transportation and handling of sulphuric acid has been invaluable to us at NorFalco. Their independent assessment of loading and unloading procedures has helped us in working with our customers who unload rail tank cars. Additionally, TSI's interface with federal regulators and other industry associations has allowed us to review key metrics to make improvements within our safety management system.
Tom Hobbs
Director, Sales and Technical Services
NorFalco, a Glencore Company
Cleveland, Ohio, USA
Nutrien
Nutrien is the second-largest North American phosphate producer and also offers a range of sulfate-containing fertilizers to our 500,000 retail grower customers. We look to TSI's work streams to support our endeavors in helping growers around the world increase food production in a sustainable manner; our affiliation with The Sulphur Institute helps us achieve our goals.
Tom Simpson
TSI Vice Chair 2018-2019
Director, Sulfur
Nutrient
Northbrook, Illinois, USA
Savage Services
Savage has been a member of TSI since 2003. Owning and operating sulphur handling facilities and transportation assets throughout North American is a large part of our business. We at Savage pride ourselves as a premium services provider in the sulphur industry. One of the primary reasons for joining and maintaining membership in TSI is the additional knowledge and experience we gain from our membership.
Jack Cohn
Savage Services Corporation
Salt Lake City, UT
