Yara’s TAN Project in Australia Delayed

Yara International says that the construction of the previously announced 330,000-m.t./year technical ammonium nitrate (TAN) plant at the Burrup Peninsula in Western Australia has been delayed due to the delay in approval for the project by the board of Burrup Holdings (Perth, Australia). Yara and Burrup Holdings signed an agreement in 2008 to build the TAN plant under a planned 50-50 joint venture, Burrup Nitrates. Yara has a 35% stake in Burrup Holdings and will own 67.5% of Burrup Nitrates. Yara signed a letter of intent (LoI) with engineering and construction...

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