NAMIBIA PHOSPHATES COULD FIND READY LOCAL MARKET IN PROJECTED FARM BOOM
February 3rd, 2013
THE WORLD’S first marine phosphate extraction project, offshore from Walvis Bay, in Namibia, is to be underpinned by demand from an unexpected agricultural revolution in what is the most arid country in sub-Saharan Africa and one of the driest on earth.The Sandpiper project of Namibian Marine Phosphates (NMP) is expected to produce namphos-type phosphate, which is not only ideal for direct soil application but at an estimated price of USD75 a tonne is about 20% cheaper than current imports used in fertiliser. And this could find ready local markets after last ...
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