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Itafos ( (TSE:IFOS) ) has issued an update.
Itafos Inc. reported strong operational performance in Q4 2024, achieving record production levels at its Conda facility despite a planned maintenance turnaround. The company saw a significant increase in production at Arraias, particularly in sulfuric acid and newly introduced dry products. Looking ahead to 2025, Itafos plans to extend the mine-life at Conda and enhance production capabilities at Arraias to meet growing demand, expecting to increase margins and support local market needs.
More about Itafos
Itafos Inc. operates in the fertilizer industry, focusing on the production of phosphate-based products. Its primary products include monoammonium phosphate (MAP) and sulfuric acid, with significant operations at its flagship asset, Conda, and additional production at Arraias. The company is geared towards supporting local and global demand with a focus on operational efficiency and safety.
YTD Price Performance: 7.20%
Average Trading Volume: 8,088
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $251.3M
Learn more about IFOS stock on TipRanks’ Stock Analysis page.
