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Chatham Rock Phosphate Touts Project Benefits

Story Highlights
  • Chatham Rock Phosphate presented its environmentally friendly project at a major conference.
  • The firm plans to apply for marine consent in 2025, boosting New Zealand’s agriculture.
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Chatham Rock Phosphate Touts Project Benefits

Chatham Rock Phosphate Limited (TSE:NZP) has released an update.

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Chatham Rock Phosphate Limited recently showcased the development of the Chatham Rise marine phosphate deposit at the Underwater Mining conference, emphasizing its economic and environmental benefits. The company, which has held a mining license since 2013 and is preparing for a marine consent application in 2025, highlighted the project’s potential to enhance New Zealand’s agricultural productivity and reduce reliance on international phosphate sources.

For further insights into TSE:NZP stock, check out TipRanks’ Stock Analysis page.

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