Mosaic sells phosphate mine for $125 million

Indonesian nickel miner Merdeka Battery Materials (MBMA) and partners have signed definitive agreements to construct a high-pressure acid leach (HPAL) plant on the Morowali industrial park, Sulawesi. The unit will have a nameplate capacity of 90,000 t/a of contained nickel in mixed hydroxide precipitate (MHP). PT Sulawesi Nickel Cobalt (SLNC) will construct and operate the plant adjacent to the existing HPAL plant operated by PT Huayue Nickel Cobalt (HNC). SLNC will source and process laterite nickel ore through a 20 year commercial agreement with MBMA's SCM mine, starting from the commissioning date. An ore preparation plant will be built at the SCM mine to enable ore transportation via pipeline to the SLNC processing plant at IMIP. The total combined investment for constructing SLNC (including interest incurred during construction) is expected to be approximately $1.8 billion according to Merdeka. Construction of the project commenced in January 2025 and is expected to reach commissioning stage within 18 months.

Liquid Wind has announced the development of a new 100,000 t/a green methanol project in Örnsköldsvik, Sweden, in collaboration with local energy company Övik Energi. Övik Energi’s combined heat and power plant in Örnsköldsvik was due to be the site of Ørsted’s FlagshipONE project, which was slated to produce 55,000 t/a of green methanol from 2025. A final investment decision (FID) was made in late 2022 when Ørsted bought out Liquid Wind’s 55% stake in the project, but the Danish offshore wind company chose to discontinue FlagshipONE in August 2024.

UAE-based chemicals and transition fuels hub TA’ZIZ has awarded an engineering, procurement, and construction (EPC) contract worth $1.7 billion to engineering company Samsung E&A to build the UAE’s first methanol plant. The facility will be located at the Al Ruwais Industrial City in the western part of the emirate of Abu Dhabi. It is projected to produce 1.8 million t/a green methanol, powered by clean energy from the grid, with the plant scheduled for completion in 2028.

Trammo, Inc. and ExxonMobil signed a heads of agreement to advance discussions for Trammo’s long-term offtake of 300-500,000 t/a of low-carbon ammonia from ExxonMobil’s Baytown, Texas facility. The facility is expected to produce virtually carbon-free ‘blue’ hydrogen with approximately 98% of CO2 removed, and will use this low-carbon hydrogen to make low-carbon ammonia. Trammo, a leading international physical commodity trader, will leverage its market and logistical expertise to deliver and sell in Europe and worldwide this unique low-carbon ammonia for use as fertilizer feedstock and for other key industrial applications.

Casale is partnering with Indian renewable energy company Avaada Group to develop a 1,500 t/d green ammonia plant in Gopalpur, Odisha. This represents India’s largest grassroots green ammonia facility to date, and will be powered entirely by renewable energy. Casale will provide the ammonia process license, basic engineering package, proprietary equipment, and detailed engineering review, ensuring the facility operates at the highest levels of efficiency and sustainability. The plant will use Casale’s FlexAMMONIA technology, part of the FLEXIGREEN® portfolio.