Mississippi Phosphates and OCP Extend Phosphate Rock Supply Contract

Mississippi Phosphates Corporation (MPC; Madison, Miss), a wholly owned subsidiary of Phosphate Holdings, said on Tuesday that it has agreed with OCP (Casablanca) to extend by six months the term of their agreement for the purchase and sale of phosphate rock through December 31, 2012. The agreement was scheduled to expire on June 30, 2012. MPC, during the six-months extension, intends to enter into discussions with OCP, a major producer of phosphate rock, relating to the terms and conditions of a potential longer-term arrangement for the supply of...

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