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Agreement with IFFCO India increases phosphate export volume-PLC

Amman, Jordan Phosphate Mines Company (PLC) said the agreement it recently concluded with Indian Farmers Fertiliser Cooperative Limited (IFFCO India) included an increase in the volume of exports by about 3 million tonnes per year from 2.1 million ann…

Amman, Jordan Phosphate Mines Company (PLC) said the agreement it recently concluded with Indian Farmers Fertiliser Cooperative Limited (IFFCO India) included an increase in the volume of exports by about 3 million tonnes per year from 2.1 million annually, as of 2023.

In a disclosure on the website of Jordan Securities Commission (JSC) and Amman Stock Exchange (ASE), the company said on Thursday, that the agreement would contribute to increasing phosphate sales and exports by about one million tonnes annually, thus hiking PLC’s revenues and profits and achieving gains to Jordan’s mining sector.

Source: Jordan News Agency