MNB minbos resources limited

Ann: Quarterly Activities Report and Appendix 4C, page-486

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    Toyo Engineering awarded contract for Angola’s first urea fertilizer plant

    February 12, 2025 | By Mary Bailey

    Toyo Engineering Corp. (Tokyo) has been awarded a project to license its proprietary urea technology to Amufert S.A. (Amufert), a joint venture fertilizer company in the Republic of Angola. The project involves the construction of one of the world’s largest urea plants, with a daily production capacity of 4,000 tons, located in the Soyo region of Zaire Province.

    This plant will be the first urea fertilizer production facility in Angola, a country that has recently increased its natural gas production. The plant will contribute to achieving 100% domestic production of urea fertilizer, which has been entirely imported until now, while also supporting regional exports to enhance food security. Additionally, the project is expected to add value to Angola’s natural gas resources, improve the trade balance through exports to neighboring countries, create employment opportunities, and contribute to the diversification of Angola’s industrial sector.


 
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