Itafos

Itafos Inc. is a privately held phosphate and specialty fertilizer company headquartered in Houston, Texas. The company employs 189 people and reported $473 million in revenue. Itafos Inc.'s shares are traded on the TSX-V under the ticker symbol "IFOS". Itafos operates a diverse portfolio of phosphate fertilizer businesses and projects across multiple continents. Their primary operations include Conda, a vertically integrated phosphate fertilizer business in Idaho with production capacity of approximately 550,000 metric tons per year of MAP, MAP with micronutrients (MAP+), SPA, MGA, and APP. Additionally, they operate Arraias, a vertically integrated phosphate fertilizer business in Tocantins, Brazil, with production capacity of roughly 500,000 metric tons per year of SSP, SSP with micronutrients (SSP+), and 40,000 metric tons per year of excess sulfuric acid. Itafos also has a presence in Guinea-Bissau with the Farim high-grade phosphate mine project, and in Brazil with the Santana high-grade phosphate mine and fertilizer plant project in Pará. Beyond its established operations, Itafos is involved in several other projects, including the Araxá project in Minas Gerais, Brazil, focusing on rare earth elements and niobium. They also have phosphate mine projects in Idaho (Paris Hills, currently in wind-down) and Junin, Peru (Mantaro, also in wind-down). For more information, interested parties can visit Itafos' website at www.itafos.com.