fertilizer prices report 16 april 2010, page-6

at a guess explosive sale will be a long way up, every company in the pilbarra and queensland are going as hard as they can and trying to expand plus new mines are ramping up, there always seems to be a short fall of nitrate for blasting and we get a lot of prill from india which is totaly unsuitable for blasting due to the lack of quality, we actualy use far more that we need as this product doesnt go bang very well, cost mining companies huge dollars and they think they are getting a good deal buying the cheap stuff, another case of bean counter management effecting end profitability.
CSBP does a roaring trade in the pilbarra and it would be nice to see IPL cut into there market share which a new nitrate plant would help do, massive amounts of nitrate are used by the iron ore miners,.
if the amount of mining continues IPL's next report should be a cracker

71c4