New Zealand’s Rock Phosphate Will Turn Into Fertilizer

Chris Castle, CEO and Director of Chatham Rock Phosphate shares the company’s plans to mine Phosphate in New Zealand and send it to global fertilizer markets.

I started Chatham Rock in 2007. The company is based in New Zealand and our main and our main deposit is here. We have a rock phosphate deposit off the shore of New Zealand. It’s 23 million tons of rock phosphate on the seafloor. Our main focus is to mine that and send it into fertilizer markets around the world. There’s lots of rock phosphates around the world, but they are different and our one is what’s known as a reactive phosphate rock or RPR. A RPR is known for its environmental qualities. It’s much better in terms of run-off into waterways and our rock is also exceptionally low in Cadmium, which is a heavy metal which causes cancer in humans. So both those characteristics mean that our rock will become increasingly prized around the world. The exciting thing about our business model is because it’s a very low capital investment is a very high return to investors. The unique opportunity for an investor looking at us is that we don’t have any development capital. Once we are fully permitted, we don’t go build a mine in the mining camp and so on. Our deposits is going to be contract mined by dredging vessel, which has just kind of turned out great for us. In the end of the 15 or 20 year mine life, it’s just going to sail away. We don’t have to invest several hundred million dollars in setting up a mine in the supporting infrastructure.

For more information on Chatham Rock Phosphate (NZP.V) please fill out the form below.


Request Investor Kit




Related News

On TV for more than 16 years, BTV-Business Television, a weekly investor program, features emerging companies and top analysts across the US and Canada to bring investors information to grow their portfolio. Hosted by Taylor Thoen, BTV goes on location, interviewing key executives and showcasing their business to give investors insight before they make a buying decision.

Watch BTV
Did you know management is one of the top three reasons why investors buy a stock? Meet the CEO before you invest. CEO Clips are 90 second video profiles on companies in the markets designed to help you make an educated investment decision. According to Forbes, 60% of people prefer watching video over reading text. What are you waiting for? We’ve featured over 1000 companies. Discover a new company now!

Watch CEO Clips
Broadcast On

© 2017 Business Television All Rights Reserved