In late June, IFDC signed a memorandum of understanding (MoU) with Ma’aden, a Saudi Arabian mining company, to collaborate on research and development (R&D), product development, strategy development, and technical training related to phosphate fertilizers.
IFDC will support Ma’aden with its engineering capabilities to execute projects associated with the scaling up of new technologies into Ma’aden’s facilities, and Ma’aden will leverage IFDC’s knowledge and expertise to deliver specialized and on-demand technical training for its personnel.
“IFDC is excited to collaborate with Ma’aden in the development of new and innovative phosphate-based fertilizer products,” said Albin Hubscher, IFDC President and CEO. “This partnership will benefit both smallholder and commercial farmers in the fight to increase the productivity of food crops and close the persistent yield gaps that will feed the rapidly growing population, particularly in Africa.” |