North West Phosphate begins mining Paradise South in outback Queensland amid global demand for fertiliser, renewables

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A decrease in the quality of phosphate being mined overseas and growing investor interest in ethical projects are driving miners into Australia's largely untapped reserves.

One of Australia's largest phosphate deposits will be mined and producing concentrate by early 2024 as global demand increases for the mineral.Countries that have relied on Africa and China for phosphate are urgently seeking new providers

Australian mining company North West Phosphate holds about 65,000 square kilometres of untapped tenements in north-west Queensland, and will spend $350 million to begin mining one of its largest sites, Paradise South, in March. He said Paradise South had a mine life of at least 50 years and was one of three major phosphate reserves the company planned to tap into over the next several decades.Mr Cotter said while the majority of the world's phosphate was used in fertiliser, the company had its sights set on fuelling the phosphate battery industry.a little bit like vanadium

A lack of infrastructure and limitations when it came to transporting concentrate were other major barriers to the growth of the phosphate industry, according to attendees at the Fertiliser Australia ConferenceThis unprecedented phosphate shipment could solve a critical food security issuePhosphate FertilisersPwC caught out after telling Senate it was against 'separating' its businesses while looking for a seller in...

 

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