FOB

SIGMA LITHIUM SHIPS 30,000 TONNES OF BATTERY GRADE LITHIUM AND BY-PRODUCTS; ACHIEVES NET ZERO CARBON, OPERATING PROFITABILITY AND PREMIUM PRICING

Retrieved on: 
Wednesday, July 26, 2023

VANCOUVER, BC, July 26, 2023 /PRNewswire/ -- SIGMA Lithium Corporation ("Sigma Lithium" or the "Company") (NASDAQ: SGML, TSXV: SGML), a leading global lithium producer dedicated to powering the next generation of electric vehicles with environmentally sustainable and carbon neutral battery-grade lithium, announced that it has successfully achieved net zero carbon emissions with the successful execution of its first shipment of Triple Zero Green Lithium and Triple Zero Green By-Products.

Key Points: 
  • Sigma Lithium has begun generating revenue from Phase 1 and expects to produce approximately 130,000 tonnes of Triple Zero Green Lithium in calendar year 2023 as it ramps up to full-scale Phase 1 production.
  • The maiden shipment consists of 15,000 tonnes of Triple Zero Green Lithium and 15,000 tonnes of Triple Zero Green By-Products produced from its Grota do Cirilo project in Brazil.
  • As a result, Sigma Lithium is able to deliver the world's first Triple Zero shipment of battery-grade lithium concentrate with zero hazardous chemicals, zero tailings and net zero carbon.
  • 100% of the Triple Zero Green By-Products are expected to be upcycled into battery grade lithium concentrate for use in electric vehicle battery production.

Potash Fertilizers Market Size Expected To Reach $41 Billion By 2030 as Demand Explodes

Retrieved on: 
Wednesday, July 12, 2023

PALM BEACH, Fla., July 12, 2023 /PRNewswire/ -- Potash fertilizers help in the overall improvement of plant quality and also increases its shelf life. Potassium is a vital soil element and is one of the key members of the NPK fertilizer family. Natural potassium does not exist in the environment since it responds aggressively to water. Fertilizer potassium is at times called "potash", a term that originates from an early making procedure where potassium was filtered from ashes of woods and concentrated by dissipating the leachate in huge iron pots. A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030. The report said: "In the production of food, potassium is eliminated from the soil in the crops that are harvested and should be replaced keeping in mind the end goal to keep up the crop growth in the future. It also helps to enhance crop yield, improvise taste, and further helps plants to resist diseases. Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables. In terms of form, potash fertilizers are present in liquid & solid forms." Active companies in the markets this week include Millennial Potash Corp. (OTCQB: MLPNF) (TSX-V: MLP), The Mosaic Company (NYSE: MOS), Gensource Potash Corporation (OTCPK: AGCCF) (TSX-V: GSP), Intrepid Potash, Inc. (NYSE:IPI), Nutrien Ltd. (NYSE: NTR) (TSX: NTR).

Key Points: 
  • A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030.
  • Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables.
  • The potash fertilizer required depends on the type of crops developed because potassium take-up changes between crops and different soils.
  • The significant growth trend of the global population indicates an increasing demand for food, and in turn, would drive the demand for potash for the production of fertilizers."

Potash Fertilizers Market Size Expected To Reach $41 Billion By 2030 as Demand Explodes

Retrieved on: 
Wednesday, July 12, 2023

 PALM BEACH, Fla., July 12, 2023 /PRNewswire/ -- Potash fertilizers help in the overall improvement of plant quality and also increases its shelf life. Potassium is a vital soil element and is one of the key members of the NPK fertilizer family. Natural potassium does not exist in the environment since it responds aggressively to water. Fertilizer potassium is at times called "potash", a term that originates from an early making procedure where potassium was filtered from ashes of woods and concentrated by dissipating the leachate in huge iron pots. A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030. The report said: "In the production of food, potassium is eliminated from the soil in the crops that are harvested and should be replaced keeping in mind the end goal to keep up the crop growth in the future. It also helps to enhance crop yield, improvise taste, and further helps plants to resist diseases. Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables. In terms of form, potash fertilizers are present in liquid & solid forms." Active companies in the markets this week include Millennial Potash Corp. (OTCQB: MLPNF) (TSX-V: MLP), The Mosaic Company (NYSE: MOS), Gensource Potash Corporation (OTCPK: AGCCF) (TSX-V: GSP), Intrepid Potash, Inc. (NYSE:IPI), Nutrien Ltd. (NYSE: NTR) (TSX: NTR).

Key Points: 
  • A report from Verified Market Research projected that the Potash Fertilizers Market size is projected to reach USD 41.11 Billion by 2030, growing at a CAGR of 4.66% from 2023 to 2030.
  • Potash fertilizers are applied to various crop types such as cereals & grains, oilseeds & pulses, and fruits & vegetables.
  • The potash fertilizer required depends on the type of crops developed because potassium take-up changes between crops and different soils.
  • The significant growth trend of the global population indicates an increasing demand for food, and in turn, would drive the demand for potash for the production of fertilizers."

It's 2023: Where is the At-Home IVD Testing Market Now?

Retrieved on: 
Thursday, June 15, 2023

ARLINGTON, Va., June 15, 2023 /PRNewswire-PRWeb/ -- The Home in vitro diagnostic (IVD) testing market is not new, but it had primarily been limited to glucose and pregnancy testing. COVID-19 testing has opened the door for home infectious disease testing and more. The market is detailed in "At-Home Diagnostic Testing Markets and Trends (COVID-19, FOB, Glucose, HIV and Other Tests), 2023", the latest report published by leading medical market research firm Kalorama Information.

Key Points: 
  • ARLINGTON, Va., June 15, 2023 /PRNewswire-PRWeb/ -- The Home in vitro diagnostic (IVD) testing market is not new, but it had primarily been limited to glucose and pregnancy testing.
  • The global Home IVD testing market was valued at $28.9 billion in 2022, with the largest portion of that attributed to glucose testing and COVID-19 testing.
  • The Home IVD market increased 9% over 2021, largely due to increases in the infectious disease segment, namely COVID-19 testing sales.
  • The Home IVD testing market is a growing market facilitated by the proliferation of COVID-19 tests that have entered the market since the pandemic began.

NextDecade Announces Framework Agreements with Global Infrastructure Partners and TotalEnergies to Support the Development of the Rio Grande LNG Project

Retrieved on: 
Wednesday, June 14, 2023

NextDecade, GIP and TotalEnergies have entered into framework agreements whereby GIP would become a majority investor in Phase 1, and TotalEnergies would become a 16.67% investor, both subject to execution of definitive documentation and FID.

Key Points: 
  • NextDecade, GIP and TotalEnergies have entered into framework agreements whereby GIP would become a majority investor in Phase 1, and TotalEnergies would become a 16.67% investor, both subject to execution of definitive documentation and FID.
  • TotalEnergies has also agreed to acquire in three tranches a 17.5% common stock position in NextDecade for an aggregate purchase price of $219.4 million.
  • The first tranche of $40 million of NextDecade common stock was issued and sold today at $4.9837 per share.
  • “We are excited to work with GIP and TotalEnergies on RGLNG and our proposed CCS project at RGLNG.

GlobalCOAL to list Fastmarkets' coking coal index as option for index-linked screen trading

Retrieved on: 
Thursday, May 18, 2023

LONDON, May 18, 2023 /PRNewswire/ -- Global Commodities Holdings Ltd's (GCHL) globalCOAL, the leading online physical trading platform for thermal and metallurgical coal, will list Fastmarkets' Free On Board Dalrymple Bay Coal Terminal Premium Hard Coking Coal (FOB DBCT PHCC) index on the globalCOAL trading platform as an option for index-linked trades.

Key Points: 
  • LONDON, May 18, 2023 /PRNewswire/ -- Global Commodities Holdings Ltd's (GCHL) globalCOAL, the leading online physical trading platform for thermal and metallurgical coal, will list Fastmarkets' Free On Board Dalrymple Bay Coal Terminal Premium Hard Coking Coal (FOB DBCT PHCC) index on the globalCOAL trading platform as an option for index-linked trades.
  • Fastmarkets' FOB DBCT PHCC index is a key benchmark index for metallurgical coal prices, and its listing on globalCOAL will provide market participants with a transparent and reliable pricing reference for spot and term trades.
  • We are delighted to support the market's requirement for choice by offering optionality on our screen to index-link trades to Fastmarkets' coking coal index."
  • "The globalCOAL platform is a leading online trading platform for physical coal, and its reach and functionality will help to further the adoption of the Fastmarkets FOB DBCT PHCC index as a benchmark index.

Verde achieves C$11.1 million revenue, 76% gross margin and C$2.0 million EBITDA in the first quarter of 2023

Retrieved on: 
Tuesday, May 16, 2023

SINGAPORE, May 16, 2023 (GLOBE NEWSWIRE) -- Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce its financial results for the first quarter ended March 31, 2023 (“Q1 2023”).

Key Points: 
  • The Company had an EBITDA of $1,969,000 in Q1 2023, compared to $3,678,000 in Q1 2022.
  • As a result, the weighted average distance of Product delivered increased by 12% in the quarter compared to the previous year, with a $600,000 impact in Q1 2023.
  • Basic loss per share was $0.002 for Q1 2023, compared to earnings of $0.06 for Q1 2022.
  • Sales by volume decreased by 4% in Q1 2023, to 108,000 tonnes sold, compared to 112,000 tonnes sold in Q1 2022, due to the circumstances summarized below.

Corsa Coal Announces Financial Results for First Quarter 2023 and Provides Corporate Update

Retrieved on: 
Thursday, May 4, 2023

Price levels opened the first quarter 2023 at $294.50/metric ton ("mt") delivered-to-the-port ("FOBT") for spot deliveries of Australian premium low volatile metallurgical coal and closed the quarter at $301.00/mt FOBT.

Key Points: 
  • Price levels opened the first quarter 2023 at $294.50/metric ton ("mt") delivered-to-the-port ("FOBT") for spot deliveries of Australian premium low volatile metallurgical coal and closed the quarter at $301.00/mt FOBT.
  • The Company's second quarter 2023 sales volumes are expected to be higher than the first quarter of 2023 due to increased production from our surface mines and higher than historical levels.
  • Selling, general and administrative expenses are expected to be slightly higher than first quarter 2023 due to increased sales volumes.
  • Corsa is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel.

VENTURE GLOBAL ANNOUNCES 20-YEAR LNG SALES AND PURCHASE AGREEMENT WITH JERA

Retrieved on: 
Friday, April 28, 2023

ARLINGTON, Va., April 28, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years.

Key Points: 
  • ARLINGTON, Va., April 28, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years.
  • CP2 LNG is Venture Global's third project and is expected to commence construction later this year.
  • This deal follows JERA Global Markets' purchase of the inaugural commissioning cargo of LNG exported from Venture Global's first project, Calcasieu Pass.
  • "Venture Global is thrilled to be expanding our partnership with JERA, one of the world's premiere energy providers and largest buyers of LNG," said Mike Sabel, CEO of Venture Global LNG.

VENTURE GLOBAL ANNOUNCES 20-YEAR LNG SALES AND PURCHASE AGREEMENT WITH JERA

Retrieved on: 
Friday, April 28, 2023

ARLINGTON, Va., April 28, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years.

Key Points: 
  • ARLINGTON, Va., April 28, 2023 /PRNewswire/ -- Today, Venture Global LNG announced the execution of a long-term Sales and Purchase Agreement (SPA) with JERA Co., Inc. for the sale of 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from CP2 LNG for 20 years.
  • CP2 LNG is Venture Global's third project and is expected to commence construction later this year.
  • This deal follows JERA Global Markets' purchase of the inaugural commissioning cargo of LNG exported from Venture Global's first project, Calcasieu Pass.
  • "Venture Global is thrilled to be expanding our partnership with JERA, one of the world's premiere energy providers and largest buyers of LNG," said Mike Sabel, CEO of Venture Global LNG.