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Itafos and Rio Tinto amend sulfuric acid contract to stabilize prices and support US farming through 2029

Company Fundamentals
14 May 2026
GlobeNewsWire
View Source
Bullish
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Itafos has amended its sulfuric acid supply contract with Rio Tinto's Kennecott mine, switching the price index to Tampa Index and adjusting prices to reduce volatility through 2029. The agreement ensures continued supply of a key raw material for Itafos' phosphate fertilizer production at its Conda, Idaho facility, supporting US agriculture. Both companies emphasized the partnership's role in strengthening domestic farming resilience. Itafos expects to maintain similar purchase volumes and continue the relationship beyond 2029.

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