Majali outlines future operations for Jordan Phosphate Mines Company

AMMAN — The first shipment of non-commercial raw phosphate is on its way to Indonesian ports, Jordan Phosphate Mines Company (JPMC) Chairman Amer Majali said on Tuesday. A Petro-Jordan project in Indonesia will be operated by a partnership between JPMC and the Indonesian Petrokemija to produce phosphoric acid by mid 2014. Majali added that the opening of Jordan India Fertiliser  Company (JIFCO) will be in May to produce 0.5 million tonnes of phosphoric acid annually. 1.8 million tonnes of non-commercial raw phosphate is consumed annually from Shidiyeh mine, with the marketing fully guaranteed by partners. According to international reports, demand is on an uptrend for fertilisers products, which in turn would bring up  prices. A recent report by the International Fertilisers Association mentioned that world phosphate market settled after a tough year for all companies.