Why Pending Study Results are Highly Relevant for Potential Permitting Approval Sought by Chatham Rock Phosphate Limited
on MAY 12, 2018
As world population levels continue to grow, the need for more food has also increased fertilizer demand. Phosphate is a critical component of fertilizer, and the application of phosphate rock to soil is considered a superior organic form that also contributes benefits for soil ecosystems. New Zealand based Chatham Rock Phosphate Limited (TSXV: NZP – $0.27 & OTCBB: GELGF – $0.23 & Fra: 3GRE – €0.14) contemplates an innovative approach to deliver abundant supplies of the prized phosphate rock for domestic and international agricultural markets by mining offshore deposits.