Chatham plans Dicalcium Manufacturing at Korella South

Chatham Rock Phosphate Limited (NZX:CRP) notified on Monday that it has planned production of Dicalcium Phosphate (DCP) at Korella South lease in Queensland.

It has begun a prefeasibility analysis to produce Dicalcium phosphate (DCP) from the Korella and Korella South phosphate projects.

Chatham is an exploration and development company that intends to provide premium organic phosphate for application in farming.

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DCP is imported fully and has been facing supply chain issues recently. It forms a vital component in the nutrition of all farmed animals. This includes beef cattle in feedlots and all dairy cattle, facilitating healthy bone growth.

Discussion on DRP productions had begun in January 2021, after which more phosphate sources were looked in in Northern Territory and Queensland due to its high demand in these places.. A long scoping study was undertaken for siting of the DCP plant with Prayon when Avenir Makatea Pty Ltd and Belgium Company Prayon SA merged in July 2021.

The Company has decided to proceed with the Prefeasibility Study stage. The DCP plant is planned to be situated at Korella South and will be provided with phosphate from the neighboring Korella Mine.

Korella phosphate samples have gone to Prayon SA for testing to create DCP production parameters through GetMoreP technology.

Bottom Line

Samples are likely to arrive in February this year at Prayon’s European testing facility and initial results are expected by March end.