Chatham Rock Phosphate Creates Rare Earth Elements Subsidiary for… Phosphate Deposit
on September 15, 2018
It has been a matter of speculation for many years that the seabed of the Chatham Rise, off the coast of New Zealand, may represent an untapped source of Rare Earth Elements (REE). This intriguing concept was based on historic sediment samples from the area indicating significant content for this group of elements.
Independent research by the United States Geological Survey has now confirmed that REE occur across a wide section of the seafloor holdings comprising the Chatham Rock projectarea and conceptual estimates for deposit size have been presented.
With the planet’s population surging past 7.5 billion, you might expect steady demand for crops and also for the fertilizer that’s essential for crop yield. Farming isn’t that easy. The mid-decade crash in grain prices threw the big agriculture stocks off the bull market’s back. And even as farm icons like Deere have regained favor in the past two years, investors kept a wary distance from fertilizer sellers CF Industries Holdings, the Mosaic Co., and Nutrien—concerned that new producers would weigh down pricing.
Chatham Rock Phosphate is Moving the Ball Forward with Start of Reapplication Process
on June 30, 2018
Several important initiatives are underway for Chatham Rock Phosphate Limited (TSXV: NZP – $0.23 & OTCBB: GELGF – $0.19 & Fra: 3GRE – €0.11) as the Company works to build support and advance the Chatham Rise project, a seabed deposit of high value phosphates located off the coast of New Zealand...
Chatham Counts on NIWA Ocean Study
NIWA (National Institute of Water and Atmospheric Research) has launched one of its most challenging scientific underwater experiments this month on the Chatham Rise.
Chatham Rock Phosphate said that this expedition is particularly relevant to its proposed marine phosphate recovery operation on the Chatham Rise.
At least nine separate specialised pieces of equipment will be deployed from NIWA’s research vessel Tangaroa, in water up to 500 meters deep.
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.
NZ Herald editorial on the benefits of a NIWA study on the effects of seabed mining
The news that Niwa scientists are going to make a proper investigation of the environmental impact of seabed mining will be welcomed by both sides of this debate. New Zealand sits atop a large continental shelf stretching to the limits of its exclusive economic zone and apart from drilling for oil and gas we have barely scratched the surface of its potential mineral resources....
NZ Herald reports on a MBIE funded study on the effects of seabed mining to be conducted by NIWA.
Kiwi scientists investigating the impacts of controversial seabed mining are about to simulate the effects themselves, in one of the most challenging underwater experiments Niwa has ever attempted.
Only two seabed ventures have ever been developed in New Zealand and both have been met with staunch opposition.
That was amid concern the operations would disturb sea life at their operation sites - and more widely through drifting plumes of sediment and other environmental effects.
In an MBIE-funded effort to learn more about the impacts, scientists will deploy at least nine high-tech instruments on the seabed on the Chatham Rise - the area off the Canterbury coast where one company has plans to mine phosphate....
CRP CEO Chris Castle was recently interviewed by Wim Sanders of SmallCAPS US. Please note that the SmallCAPS website requires a Flash capable browser to play the interview.
In addition, SmallCAPS US has published a dedicated company page on CRP that includes a brief intro, an overview of our latest Press Releases and all our updates.
Chatham Rock Phosphate Limited (TSXV: NZP, NZAX: CRP): The Premier Supplier of Direct Application Phosphate to the New Zealand and Global Agricultural Sector, Interview with Chris Castle, President, CEO and founder
By Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US
Chatham Rock Phosphate Limited (TSXV: NZP, NZAX: CRP) aims to be the premier supplier of direct application phosphate to the New Zealand and global agricultural sector. Chatham Rock Phosphate is the custodian of New Zealand’s only material resource of ultra-low cadmium, environmentally friendly pastoral phosphate fertilizer. Chatham Rock Phosphate Ltd holds a mining permit over an area off the coast of New Zealand, with significant seabed deposits of rock phosphate and other potentially valuable minerals. We learned from Chris Castle, President, CEO and founder of Chatham Rock Phosphate, that their deposit is offshore about 450 KM to the west of New Zealand, 400 Meters under the water. The resource is 35,000,000 tons, of which 23,000,000 are 43-101 compliant, which makes for a 15-20 year mine life. Chatham Rock Phosphate anticipates significant return on investment. According to Mr. Castle, their New Zealand project has quite a number of environmental benefits, including lesser carbon emissions, better water quality, and low levels of cadmium.