Arianne Phosphate Executes Joint Venture Framework Agreement with Travertine Technologies

Global News Wire

Arianne Phosphate has signed a Joint Venture Framework Agreement with Travertine Technologies which will serve as the template for its final shareholder agreement between the parties. Travertine’s phosphate process can produce PPA from phosphate concentrate using recycled sulfuric acid, addressing both the significant cost and supply concerns that are now being felt in the sulfur and phosphate markets. Arianne and Travertine have been working together on pilot scale testing at Travertine’s current facilities and Arianne has also taken the step of optioning a facility in the Saguenay-Lac-Saint-Jean region for a demonstration plant for the Joint Venture to produce PPA at a larger scale.

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