Squeezed margins, sulphur risk and a capital drought
After a first day focused on the exhibition and technical showcases, the main conference programme at the CRU Phosphates+Potash Expoconference ...
After a first day focused on the exhibition and technical showcases, the main conference programme at the CRU Phosphates+Potash Expoconference ...
Metso has signed a major agreement with Southern Peru Copper Corporation, one of the largest copper producers in the world, for the supply of copper solvent extraction and electrowinning (SX/EW) technology to the company’s Tia Maria project in Cocachacra, Peru. The new plant will produce 120,000 tons of high-purity copper cathodes per year. Metso’s scope […]
Indian Farmers Fertiliser Cooperative Limited (IFFCO) has inaugurated its new, third sulphuric acid plant at its facility in Paradeep, Odisha. This expansion significantly boosts the site's total production capability from 750,000 t/a to 2.2 million t/a. The plant, dedicated by Union Minister Amit Shah, highlights a major increase in domestic capacity for India's fertilizer industry.
While Brazil is the largest consumer, trade in acid in South America has been dominated
Coromandel International says that it has started trial production at its new sulphuric acid and phosphoric acid plants in Kakinada, Andhra Pradesh. The company says that this marks a crucial step towards transforming the unit into a fully integrated facility, significantly enhancing production capacity and diminishing reliance on imported raw materials for fertiliser manufacturing. The company is now focusing on a phased ramp-up. The new plants have of 2,000 t/d of sulphuric acid and 650 t/d of phosphoric acid, respectively. The integration of these acid plants is strategic, aligning with Coromandel's objective to strengthen backward integration in its fertiliser manufacturing value chain. By producing key intermediates in-house, the company aims to secure stable supplies, enhance cost efficiencies, and achieve greater self-sufficiency, thereby reducing dependence on imported raw materials. The project aims to replace over 50% of the Kakinada plant's imported acid requirements and mirror the integration levels seen at its Vizag and Ennore facilities.
Dyno Nobel has signed a binding agreement for the sale of the Phosphate Hill plant in Australia to Ryowa II GPS Pty Ltd, a wholly owned subsidiary of Mayfair Australia Corporation, it announced 9 March. The purchase is for a nominal A$1.00 (US$0.70), with a deferred value of up to A$100 million payable to Dyno Nobel subject to certain conditions and performance hurdles. Phosphate Hill produces around 400,000 t/a DAP and 200,000 t/a MAP.
Four Chinese-operated nickel plants at the Indonesian Morowali Industrial Park have temporarily ceased operations following a fatal landslide in February, in a development that will significantly reduce regional demand for sulphur and sulphuric acid. The shutdowns affect facilities run by China’s GEM Co. and its partners, which together account for 30% of Indonesia’s high-pressure acid leaching (HPAL) capacity. The move comes amid heightened regulatory scrutiny. The largest of the four plants, PT QMB New Energy Materials, could remain offline for up to three months.
Taseko Mines’ Florence Copper project, featuring Metso’s copper solvent extraction and electrowinning (SX-EW) technology, is ramping up its commercial operations in Arizona. The successful harvesting of the first copper cathodes at the end of February 2026 is an important milestone for Taseko Mines and Metso, marking the first new greenfield copper production in the United States since 2008. The project caters to the rapidly growing copper demand while supporting the transition towards more environmentally responsible copper production in North America.
• Market sentiment has shifted decisively from bearish to bullish as the conflict in the Middle East has triggers a significant price rally.
Conflict in the Middle East has halted all vessel traffic through the Strait of Hormuz, effectively paralysing a region that accounts for 48% of global seaborne sulphur trade. As a result, the sulphur spot market has ground to a halt, with prices notionally holding unchanged in the $490-515/t f.o.b. range simply due to a lack of activity. No spot offers were reported out of the Middle East.