MNB 2.90% 7.1¢ minbos resources limited

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  1. 2,273 Posts.
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    Did you check out Redux's post on RWD

    Post is 9064978

    Phosphate DAP is of interest in the chart ..... Potash is freezing

    MNB's Cacata ore was tested by YARA right. What was the result ;

    Testwork by leading global fertiliser company Yara showed the Cacata phosphate can be successfully processed using the dihydrate phosphoric acid route as the high grade phosphate rock resulted in excellent process performance in the conversion to phosphoric acid and DAP fertiliser.

    Cacata phosphate also has levels of cadmium, 10 parts per million, similar to that found in other commercial rocks.


    Yara are European and if you read MNB's Jan announcement , it does mention Asia and Europe. I doubt it will happen but there has to be a chance.

    From Potash Blog;

    A return to subsidies for mineral fertilizers may be the solution as indicated by Malawi’s recent experience. In 2005, the recently deceased president Mutharika’s government started to subsidize fertilizers, the resulting boost to agriculture became known as the ‘Malawi Miracle’ such was its success. This success has helped change attitudes in the large international lending institutions, reducing financial barriers to demand for phosphates and potash in Africa. The Norwegian fertilizer company Yara International ASA (‘Yara’, OL: YAR) has set an ambitious growth plan in Africa as a medium term growth market. The company noted that the main obstacle to the African market is far less an issue of demand, of which there is plenty, than one of limited logistical capacity.
    Africa needs more and larger ports, railways and roads to accommodate the market requirements.


    I did see a statement somewhere from YARA on the weekend regarding their African strategy. From memory it only listed 4 African Countries - Ethiopia, Ghana rings a bell. No DRC or Angola.



    http://www.proedgewire.com/potash-phosphate-intel/africa-holds-the-key-to-higher-potash-prices/
 
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