Applications
Fertilizer Critical to photosynthesis and other key energy reactions in plants; speeds crop maturity and reproduction and increases yields
Feed supplements Necessary for growth and repair of animal muscles
Industrial Used in soft drinks, food products and metal treatment
Competitive Strengths
- Access to significant high-quality, low-cost phosphate rock reserves
- Ability to direct low-impurity phosphate rock to diversified product line to optimize margins
- Proximity between mining and processing facilities (provides cost advantage over other North American competitors)
- Strong position in North American purified acid and feed phosphate markets
| Strategies |
Risks |
Mitigation |
Capability to Deliver |
- Leverage the flexibility from our high-quality rock to optimize product mix, stabilizing earnings and maximizing long-term gross margin
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- Short term price cyclicality due to availability of supply and government involvement
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- Allot phosphoric acid not suitable for feed and industrial products to the most profitable combination of liquid and solid fertilizers
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- Began a $260 million sulfuric acid expansion that will add 180,000 tonnes phosphoric acid production that can be used in any combination of downstream products
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