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Yara sells Salitre phosphate mining project to EuroChem

(World Fertilizer) - Yara has signed a Share Purchase Agreement with EuroChem to sell its Serra do Salitre phosphate mining project in Brazil for a cash consideration of US$410 million.

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Squeezing more yield out of the crop
 

(Agriculture) - XtremeAg’s Kelly Garrett, Matt Miles, and Kevin Matthews are down to the wire as they do what they can to squeeze every bit of yield out of their crop to take advantage of higher prices.

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Near-record high fertilizer prices projected for 2022
 

(BrownField AG News) - Fertilizer prices are expected to approach record high levels in 2022, bringing cost to the farmer up with them.

 
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Supply chain industry groups support Congress's progress on infrastructure bills
 

(Jioforme) - Today, industry groups in the manufacturing, transportation, and retail sectors supported the news that the bipartisan infrastructure bill was drawing attention in Congress and further debating in the House and Senate.

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Fitch Ratings: EU's 'Fit for 55' climate plan to fuel long-term costs of fertilizer producers
 

(World Fertilizer) - The EU’s new ‘Fit for 55’ climate plan will increase carbon costs and CAPEX for European metals and fertilizer producers and for those exporting to the EU, according to Fitch Ratings.

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Trigg Mining releases maiden indicated resource for Lake Throssel
 

(World Fertilizer) - Trigg Mining has released the estimation of a maiden indicated mineral resource for its Lake Throssell sulfate of potash (SOP) project near Laverton in Western Australia.

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How the earth's rotation helped the earliest forms of life to diversify
 

(Action News Now) - Earth hasn't always experienced the 24-hour day we're so familiar with now. In fact, the way the world turns not only determines the length of our day, but it could have contributed to an influx of oxygen on early Earth that helped life to flourish, according to new research.

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River Rhine water levels recede as some parts to reopen to barge traffic

(ICIS) - Water levels on the River Rhine continue a slow return to normality and more than 25km of a prior closure could reopen to barge shipping later in the day, the German federal waterways authority WSV said to ICIS on Wednesday.

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Shipping leaders set to reunite in person at IMO for LISW21 Headline Conference

(Hellenic Shipping News) - Shipping industry movers and shakers are set to reunite in person to explore the fundamental role that the ESG agenda has in shaping the future of the global shipping industry as London International Shipping Week 2021 (LISW21) confirms its Headline Conference will go ahead in the prestigious headquarters of the International Maritime Organization on Wednesday September 15.

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Updating nitrogen and sulphur fertiliser recommendations for spring barley

(AHDB.org) - This project aimed to improve nitrogen (N) and sulphur (S) fertiliser management guidelines for modern spring barley varieties. The work was conducted to help farmers achieve grain N% targets and high (economically optimal) yields more reliably.

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OCP Group becomes member of European Sustainable Phosphorus Platform

(World Fertilizer) - OCP Group has become a member of the European Sustainable Phosphorus Platform (ESPP) for the promotion of sustainable phosphorus management. OCP will exchange knowledge and best practices with the ESPP's 40+ members and wide network of scientists and companies, who span the entire value chain of phosphate and phosphorus.

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Limetree closing permanently due to 'Financial Constraints'

(The St. Thomas Source) - Limetree Bay Refinery’s parent company Limetree Bay Energy announced Monday it is “suspending its plans to restart the refinery indefinitely, due to severe financial constraints.” It initially shut down temporarily pursuant to a U.S. Environmental Protection Agency order in the wake of several polluting incidents, including a large accidental flare that sprayed oil over some 137 homes in May.

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Reducing the melting of the Greenland ice cap using solar geoengineering?

(Eurek Alert) - Injecting sulphur into the stratosphere to reduce solar radiation and stop the Greenland ice cap from melting. An interesting scenario, but not without risks. Climatologists from the University of Liège have looked into the matter and have tested one of the scenarios put forward using the MAR climate model developed at the University of Liège. The results are mixed and have been published in the journal The Cryosphere.

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ADNOC awards $510 mil contract to Saipem to expand Shah sour gas plant capacity

(SP Global) -Abu Dhabi National Oil Co. has awarded a $510 million contract to Italy's Saipem to expand the capacity of Shah sour gas plant as the UAE's biggest energy producer seeks gas self-sufficiency. ADNOC Sour Gas, a joint venture between the oil company and US energy major Occidental, awarded the engineering, procurement and construction contract for the expansion of the Shah gas field, which will be completed in 2023, ADNOC said in a statement June 15.

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Oman's Yibal Khuff mega project nearing completion

(Trade Arabia) - A key milestone has been reached in the delivery of the Yibal Khuff project, among the big-ticket integrated Oil & Gas developments of Petroleum Development Oman (PDO), the project’s principal contractor announced.

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Investors from Turkey ready to implement project in Kazakhstan's chemical industry

(Inform.kz) - NUR-SULTAN. KAZINFORM - Prospects for the implementation of the project in the chemical industry were discussed during the visit of Turkish investors to Kazakhstan, organized by «NC «KAZAKH INVEST» JSC. During the working trip, the founder of the Turkish company «BRIMSTONE Sulphur Provider Company» Efe Munip Nurdogdu held a meeting with the Chairman of the Board of «NC «KAZAKH INVEST» JSC Meirzhan Yusupov, Kazinform has learnt from KAZAKH INVEST’s press service.

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Concerns Mount Over CN, KCS Rail Merger as Timetable Set for Regulatory Review

(TTNews) - The Surface Transportation Board is taking public comments until June 28 on the proposed multibillion dollar merger of Class I freight rail companies Canadian National and Kansas City Southern. The STB also said the railroads will have until July 6 to respond to those public comments. As part of the review process, Canadian National and Kansas City Southern are asking the STB to approve what’s called a plain vanilla trust.

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$15bn Needed to Upgrade Oil Refineries in Africa

(This Day Live) - Oil refineries in Africa will require approximately $15.7 billion to upgrade the existing 36 facilities to produce petroleum products that will conform with the planned level of sulphur content, the African Refiners and Distributors Association (ARDA) has said.                         

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Vale to Suspend Operations at Sudbury After Failed Labour Talks

(Mining) - Vale said in a securities filing on Tuesday it will suspend operations at its Sudbury, Canada nickel mine, after its proposal for a five-year contract was rejected by the United Steelworkers union. United Steelworkers Local 6500, which represents 2,600 workers at the mine, said in a statement that 70% of those who voted were opposed to the Vale offer and wanted the union — whose bargaining committee had recommended the preliminary deal — to return to the bargaining table.

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Maersk Calls for Carbon Tax on Ship Fuel

(Bloomberg/gCaptian) - The world’s largest container shipping line has called for a $150-a-ton carbon tax on shipping fuel that would drive up the costs for an industry that delivers 80% of world trade. A.P. Moller-Maersk A/S says such a levy would help bridge the price gap between fossil fuels that vessels consume today and greener alternatives that are currently much more expensive. Fuel costs would effectively almost double if the measure were imposed today because of how carbon dioxide emissions are counted.

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Member News

Exxon aims to become a top lithium producer for electric vehicles with Arkansas drill operation

(MSN) - Exxon Mobil aims to become a leading producer of lithium for electric vehicle batteries through a drilling operation the oil giant is launching in Arkansas, the company announced Monday.

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Exxon to buy Pioneer In $60 billion deal

(The Wall Street Journal) - Exxon Mobil struck a nearly $60 billion agreement Wednesday to buy Pioneer Natural Resources in the largest oil-and-gas deal in two decades, tying the energy giant's future to fossil fuels.

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Tessenderlo Kerley, Inc. celebrates groundbreaking in Ohio for fertilizer facility

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

(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

(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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Shell Pushes Big Plans To Drill More in Gulf

(The Wall Street Journal) - Political uncertainty is clouding prospects for new drilling in the Gulf of Mexico, but Shell PLC—the Gulf’s biggest producer—is still investing billions of dollars in its waters to pump oil for years to come.

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Rhyolite Ridge: Investing in the future

(Elko Daily) - Alot has been happening with the Rhyolite Ridge lithium/boron project in recent months.
“On March 31, U.S. President Joe Biden announced plans to invoke the Defense Production Act to provide hundreds of millions in new subsidies for the mining of minerals critical for the wind, solar and electric vehicles industries.

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Penflex Becomes The Sulphur Institute's Newest Member

(MSN) - Penflex Corporation recently became the newest member of The Sulphur Institute (TSI), an international, non-profit organization dedicated to advocating for the safe use of sulfur.

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Koch to acquire 50% stake in JFC III from OCP

(Agri Business Global) - Koch Ag & Energy Solutions (Koch) and OCP have signed an agreement under which a Koch affiliate will acquire a 50% interest in Jorf Fertilizers Company III (JFC III) from OCP, the world's largest phosphate mining and leading global fertilizer group. When closed, the transaction will establish a 50/50 joint venture.

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Exxon posts biggest profit in seven years on high oil prices

(Reuters) - Exxon Mobil Corp (XOM.N) on Tuesday reported a fourth-quarter profit of $8.87 billion, its largest in seven years, as the top U.S. oil producer benefited from strong energy prices.

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