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oz firm in talks over algerian phosphate

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    Looks like $45 million is the figure you'd work on for a superphosphate plant ... the cheapest value added phosphate fertilizer proposition ...

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    Australian firm in talks over Algerian phosphate project
    Published: 19 February 2008 15:08 GMT
    Author: Richard Nield More by this Author Last Updated: 19 February 2008 16:31

    Algiers is in negotiations with an international partner over the development of a phosphate fertiliser project in the west of the country
    A joint venture agreement is expected to be signed by the end of March to develop a single super phosphate (SSP) facility, with a capacity of 150 million tonnes a year.

    SSP is a low-cost fertiliser based on rock phosphate and sulphuric acid.

    The estimated $45m project will be developed by a consortium of government-owned mining company Ferphos, state oil company Sonatrach and Getax Australia.

    The Australian company's current main fertiliser project involves exporting phosphate rock to fertiliser plants in India.
 
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