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Bifox to acquire Fosfatos del Pacífico shares
PRIVATEJun 16, 2026•about 1 month ago
Acquiring Company
Bifox Limited
Acquired Company
Fosfatos del Pacífico S.A
SydneyLimaManufacturingMiningMiningMineral
Description
Bifox Limited has entered into agreements to acquire shares in Fosfatos del Pacífico S.A., which owns the Bayovar 9 phosphate rock project. The initial agreement involves a 16.667% share acquisition for $10 million, with plans for an option on the remaining shares. This acquisition positions Bifox to strengthen its supply capability in the global phosphate market. The Bayovar 9 project aims to address increasing demand in Latin America, the US, and Asia.
Company Information
Company
Bifox Limited
Location
Sydney, New South Wales, Australia
About
Bifox Limited is a resource company focused on developing phosphate projects. The company aims to become a leading supplier of phosphate rock globally. Bifox is strategically expanding its presence in Latin America. Its acquisitions support its goal of enhancing phosphate production capabilities.
Sydney
LimaManufacturingMiningMiningMineral