Proactive news headlines including GTI Resources, Cyclone Metals, Danakali, Mako Gold and Legend Mining
May 19, 2021 02:24 ET | Source: Proactive Investors Proactive Investors London, UNITED KINGDOM
Sydney, May 19, 2021 (GLOBE NEWSWIRE) Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:
Great Boulder Resources Ltd (ASX:GBR) has received binding commitments for a single tranche placement to raise $5.5 million at a price of 8 cents per share. Click here
GTI Resources Ltd (ASX:GTR) has logged historic uranium results from the Henry Mountains Uranium & Vanadium Project in Utah, USA, ahead of a surface drilling program scheduled for July. Click here
Agrimin signs binding offtake agreement with China’s major potash importer
The company welcomes the long-term relationship with Sinochem Fertilizer Macao Limited which is expected to create an important supply channel for Agrimin’s SOP into the world’s largest SOP market. This represents the largest offtake volume to date for any Australian sulphate of potash project.
Agrimin Limited (ASX:AMN) has signed a binding offtake agreement with Sinochem Fertilizer Macao Limited for the annual supply of 150,000 tonnes of sulphate of potash (SOP) produced from the Mackay Potash Project for sale and distribution in China.
Sinochem Fertilizer Macao is a wholly-owned subsidiary of Sinofert Holdings Limited, which is listed on the Hong Kong Stock Exchange (HKEX:00297) and whose controlling shareholder is China National Chemical Corporation Limited, a Chinese state-owned enterprise.
2021-05-19 by Proactive Australia
Agrimin Limited (ASX:AMN) has signed a binding offtake agreement with Sinochem Fertilizer Macao Limited for the annual supply of 150,000 tonnes of sulphate of potash (SOP) produced from the Mackay Potash Project for sale and distribution in China.
Sinochem Fertilizer Macao is a wholly-owned subsidiary of Sinofert Holdings Limited, which is listed on the Hong Kong Stock Exchange (HKEX:00297) and whose controlling shareholder is China National Chemical Corporation Limited, a Chinese state-owned enterprise.
China is the world s largest SOP market and currently accounts for more than half of all global SOP demand.
Sinofert is the country s largest crop nutrition company and plays a pivotal role in liaising with global potash suppliers to ensure uninterrupted potash supply.
FTSE 100 nursing triple digit loss as Wall Street slumps and cryptocurrencies plunge
Companies
FTSE 100 nursing triple digit loss as Wall Street slumps and cryptocurrencies plunge
Global markets under pressure on inflation fears, while digital currencies slide after latest Chinese clampdown
FTSE 100 down 104 points
US stocks slide
3.21pm: Cryptocurrencies drop by a quarter
It is not just stock markets heading lower, so too are cryptocurrencies.
But the falls there are of a different order.
Bitcoin dropped by around 25% to below US$32,000 at one point today, and has now fallen more than 50% since its record highs.
It means the digital currency has also lost all the gains it made since Tesla’s billionaire boss Elon Musk revealed in February that the company had purchased around US$1.5bn worth of Bitcoin.