Key Project Facts:

Premium phosphate product - PhosAgri
  • One of the highest-grade phosphate projects in the USA – in-situ grade of 23% P2O5 and available 12% P2O5 prior to any beneficiation (average USA market grade is 3%)
  • Ideal as a direct application product, as well as for use in blending
  • Phosphate product low in heavy metal impurities – important for both marketing and quality assurance
Simple mining and processing
  • Simple digging, crushing, and milling operation – no chemical processing needed
  • Low carbon footprint by producing a DSO product for sale directly into the domestic market
Organically certified
  • Our PhosAgri product is fully certified by three bodies in the US – WSDA / OMRI / CFDA
Flexibility to meet market demand
  • In-house beneficiation provides capacity and flexibility produce a range of mesh and granulated products to suit customer requirements
  • No third-party tolling required which lowers operating costs
Direct access to high demand domestic market
  • Central Utah mine location ideally placed to supply a direct application fertiliser into the growing US organic farming market
  • Organic fertiliser market forecast to grow to $2.5bn by 2029
Long life of mine
  • Initial project LOM of 10 years based on a 400kt resource (non-code compliant)
  • The 1980 surface mineable resource estimate is 4.5Mt representing in excess of 60 years of production
Robust Economics
  • High margin, low capex, scalable mining operation
  • Strong long term fundamentals of phosphate market