PROJECT FINANCE

Verdant signs another MoU for planned phosphate production

VERDANT Minerals has potentially sold another 100,000 tonnes per annum of phosphate rock concentrate from its planned Ammaroo project in Northern Territory, this time attracting Ameropa Australia, “one of Australia’s leading manufacturers and marketers of fertilisers”.

 With feasibility completed securing financing is the core issue for Verdant at Ammaroo.

With feasibility completed securing financing is the core issue for Verdant at Ammaroo.

The non-binding MoU adds to the 350,000tpa Verdant is potentially selling to Wilson International Trading. Last month Verdant said it expected it would need binding offtake agreements for 600,000tpa...

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