Arianne is a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region.
Arianne Phosphate (TSXV:DAN,OTC:DRRSF,FWB:JE9N), has entered into an agency agreement with Compagnie Indo Française de Commerce to market and sell Arianne’s high-purity, low-contaminant phosphate concentrate into the Indian market.
Arianne is a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec’s Saguenay-Lac-Saint-Jean region.
As quoted from the press release:
“This agreement is another meaningful step for our Company,” said Brian Ostroff, CEO of Arianne Phosphate. “India is the world’s largest importer of phosphate and, having on the ground representation for our product, will help accelerate Arianne’s commercial penetration into the market. With discussions already underway with several potential Indian customers, we believe that CIFC’s long-standing relationships with many of these large players will help us advance and conclude these offtake discussions.”
Based in New Delhi, India, Compagnie Indo Francaise de Commerce Pvt. Ltd. is a private company founded in 1967. CIFC’s business includes the trading, sale, marketing and supply of critical raw materials to India, including fertilizers, agricultural chemicals and animal feeds. As a pioneer in the marketing of fertilizers and fertilizer raw materials into India, CIFC has a long-established reputation with many of the region’s largest fertilizer and agricultural entities.
“We are excited by the opportunity of bringing this high-quality phosphate to India,” said Mr. Santosh Sekharan of CIFC Pvt. Ltd., “Phosphate concentrate of this nature is very limited and, the combination of our strong and historic relationships coupled with Arianne’s product should allow us to generate considerable sales into the Indian market.”
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1774.96 | +1.14 | |
Silver | 19.90 | +0.01 | |
Copper | 3.55 | +0.07 | |
Palladium | 2124.59 | +12.40 | |
Platinum | 936.51 | +2.50 | |
Oil | 88.53 | -0.01 | |
Heating Oil | 3.20 | -0.13 | |
Natural Gas | 8.01 | -0.12 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured Agriculture Investing Stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.