The Project
WAPHCO has completed several technical and economic studies related to the establishment of a world class world scale major merchant grade phosphoric acid (MGA) production Project with an annual production capacity of 500,000 MTPY of P2O5.
The Project shall be located in the Abu Tartour phosphate mine area in the New Valley Governorate. With a sulfur burning Sulfuric Acid Plant the Project shall be energy self-sufficient fulfilling a major element of vertical integration.
Phosphoric Acid Technology Licensor (Prayon Technologies of Belgium) used their Prayon Di-Hydrate mark IV process to produce filter acid that will be further purified using the state of the art continuous Ion-Exchange (CIX) unit, a license that has been patented and registered by K-Technologies of USA under the name of MER reduction. Pilot Plant Testing succeeded in the production of all kinds of phosphate and compound fertilizers mainly DAP and MAP.
With the CIX technology, the process can provide flexibility to produce Merchant Grade Acid (MGA) matching any industrial uses afterwards. The produced merchant grade phosphoric acid is characterized by the lowest suspended solids, no post precipitations, very low heavy metals content, very low radioactivity.
The Complex Facilities will contain 2 trains of phosphoric acid production plant with the associated CIX purification units and 1 train of Sulfuric acid plant with the associated co-generation plant (Steam Turbines and Electric Generators). All the offsites and utilities have been developed to integrate the overall Project, the basic engineering of which has been done by ENPPI and FLUOR.
In order to further enhance the economics of the Project, the Project Management Team (PMT) has worked from day one on the development of important complementary infrastructure packages related to the ore handling systems (Belt Conveying Systems transferring the ore from the mine concessions up to the Project’s phosphate rock storage area within the plant), Railway Track Rehabilitation that connects between the Project in Abu Tartour up to the exporting port in SAFAGA on the Red Sea and the development of the required Port facilities in order to accommodate the export of the phosphoric acid and the imported Sulfur.
All the infrastructure related packages described above, are planned to be completed and ready for utilization in parallel with the main facilities by Q2-2024.
WAPHCO has appointed Baker Mackenzie as a legal advisor and AlexBank intesa sanpaolo as the financial advisor for the project to provide the necessary finance structure for the process plant and the dedicated port facilities. Misr phosphate company is providing the finance for the ore handling facilities and a joint new company is under establishment for the development of the railway rehabilitation and provision of the rolling stock necessary for the transportation of the products from Abu Tartour area to Safaga.
WAPHCO selling strategy is based on delivering its Merchant Grade Phosphoric Acid product to the Port of Loading on board of the tanker (FOB basis). Ports of Loading are on the Red Sea (mainly Safaga Port) and other ports on the Mediterranean supported with the storage facilities.
Simple Block Flow Diagram
Time left to Commercial Production
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