Chatham Rock Phosphate Limited has announced that the development of the Korella North mine is advancing rapidly, with both mine planning and marketing activities underway.
Preparation of the geological model and first mine plans have been completed, and detailed topographic mapping will commence this week.
At the Cloncurry phosphate distribution hub, a contract with Ergon Energy has been signed to relocate a major power line.
At the Northern Australia Food Future Conference in Darwin, there was significant interest in Korella North's direct-application 20% P2O5 phosphate rock.
The phosphate provides an economic and secure alternative to imported fertilizers for Northern Australia farmers.
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