Chatham Rock Phosphate Limited (TSE:NZP) has released an update.
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Chatham Rock Phosphate Limited is moving forward with a non-brokered private placement to raise up to CAD 500,000 to support their mining projects. The company has recently acquired a mining permit for their Korella North phosphate mine, which is expected to soon commence production, initially supplying domestic agriculture and later exporting high-grade rock for battery manufacturing.
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