Chatham Rock Phosphate Limited (CRP) has achieved remarkable progress in 2022 with their phosphate projects, including the acquisition of a new selenium prospect in Queensland, the acceptance of applications for two Exploration Permit applications, and the commencement of a prefeasibility study for the production of Monocalcium Phosphate (MCP).
CRP has also contracted with leading Australian civil and mining contracting firm NRW Holdings Limited, and signed an MOU with transport group Aurizon Limited to provide logistical solutions for the development of its Korella phosphate operations.
With seven phosphate related initiatives underway, CRP is now in a position to potentially benefit from phosphate prices at 10-year highs, as well as the presence of rare earths in their Chatham Rise and Korella project areas.
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