LSB Industries announces agreement to supply low carbon ammonium nitrate solution to Freeport Minerals Corporation

SB Industries, Inc. has announced that it has entered into a landmark agreement to supply up to 150 000 tpy of low carbon ammonium nitrate solution to Freeport Minerals Corporation. LSB will supply the ANS from its El Dorado, Arkansas facility for 5 years commencing 01 January 2025, with a phasing in of the low carbon con-tracted volume.

LSB’s low carbon product offering stems from the carbon capture and sequestration project that it currently has underway with its partner, Lapis Energy, who will capture and permanently sequester more than 450 t of CO2 produced annually from El Dorado’s ammonia production. The carbon sequestration is expected to result in more than 375 000 t of low carbon ammonia that LSB can sell or upgrade and sell to customers in the form of other low carbon nitrogen products, such as ANS. The project is expected to commence operations in 2026 pending approval by the Environmental Protection Agency (EPA) of LSB and Lapis’ Class VI permit application, which the companies expect to receive in the second half of 2025.

“This important agreement validates our belief that our industrial and mining customers will identify the low carbon nitrogen products that we plan to produce as an important part of their decarbonisation journeys and value them accordingly,” said Mark Behrman, LSB’s President and CEO. “We view this contract with Freeport as a major step towards attaining our vision of becoming a leader in the global energy transition and look forward to partnering with them as a strategic supplier as they advance toward their net zero aspiration.”