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AIM-listed Kropz may bring its Elandsfontein phosphate operation in South Africa into production in early 2020, targeting 850,000 to 1 million tonnes per year. The company is also developing a project in the Republic of Congo and aims for 3 million tonnes per year of phosphate rock within five years.
Future rock supply growth from new projects is a long-term bearish factor for phosphate rock prices, but has no near-term effect on the market.
miningreview.comLaura CornishMay 14, 2019Not 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.
