# MNB: Commences early stage mining of phosphate rock

> MNB has begun early-stage mining of phosphate rock. The TSP price averaged about US$705 per tonne in the September quarter, close to the company's spot scenario from its 2022 feasibility study.

- Date: 2026-10-28 · published 2026-10-29T06:06:11.368Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/323-mnb-commences-early-stage-mining-of-phosphate-rock
- Commodities: [TSP](https://feedsoft.ai/c/TSP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Stable TSP prices near prior forecasts support phosphate project economics, reflecting firm phosphate fertilizer pricing that feeds into crop input costs.

## Read by commodity

- TSP: bullish ▲
- PHOSROCK: bullish ▲

## Sources

- nextinvestors.com: https://nextinvestors.com/articles/mnb-commences-early-stage-mining-of-phosphate-rock/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.