Phosphate

Chatham Rock Phosphate (NZ: CRP, TSX.V: NZP) (“CRP” or “the Company”) this week advised that improved water quality will result from the use by farmers of Chatham rock phosphate. Fertiliser run-off into waterways can be dramatically reduced, without any loss of production, by using naturally occurring reactive phosphate rock (RPR), according to Chatham Rock Phosphate chief executive Chris …

Chatham Rock Phosphate (NZ: CRP, TSX.V: NZP) (“CRP” or “the Company”) this week advised that improved water quality will result from the use by farmers of Chatham rock phosphate.
Fertiliser run-off into waterways can be dramatically reduced, without any loss of production, by using naturally occurring reactive phosphate rock (RPR), according to Chatham Rock Phosphate chief executive Chris Castle.
 Mr. Castle said scientific studies over many years have shown RPR offers strong environmental benefits.

Studies comparing the use of RPR and superphosphate on farmland show that, when applied directly, RPR is both a very effective sustained-release fertiliser and not susceptible to run-off.
CRP holds New Zealand’s only material source of RPR.

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