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A scoping study for the Chaketma phosphate project in Tunisia, owned by ASX-listed PhosCo, estimates annual output of 1.5 million tonnes of concentrate over a 46-year mine life. The study assumes a phosphate price of $150 per tonne free-on-board and an after-tax NPV of $657 million.
A new mine adds future phosphate supply, which is mildly bearish for rock prices over the long term, though the project is years from production and has little near-term price effect.
miningweekly.comEsmarie IannucciDec 9, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
