Article from the Financial Review re Fertiliser costs.Although...

Article from the Financial Review re Fertiliser costs.
Although we don't expect to get a premium because our Ammonium based fertilisers are Green - carbon free, it's clear to see that eventually the World will require this pushing up prices. Most fertilisers are made using gas which is the biggest cost, ours of course will be made using very cheap hydro power.

Carbon capture and storage would add 50 per cent to the cost of producing ammonia in the Pilbara, the boss of one of Australia’s largest producers says, making it uneconomic without further government support compared with US fertiliser made with cheap gas and heavy subsidies under the Inflation Reduction Act.

Laurent Trost, general manager of Yara Pilbara, the Australian arm of the Norwegian fertiliser giant, said it cost the company $US300 a tonne to produce ammonium nitrate fertiliser from the Pilbara region’s offshore gas supplies, and capturing and burying the two tonnes of carbon dioxide generated for each tonne of fertiliser would lift that cost to $US450 ($674) a tonne.