Celamin Holdings Limited
Food Processing - South Melbourne, N/A, AU
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Celamin Holdings Limited Details
PhosCo aims to become a leading producer of sustainable fertiliser by developing the world class Chaketma Phosphate Deposit in Tunisia employing local people and attracting international funding.Listed on the ASX (ticker:PHO), PhosCo has a 50.99% interest in Chaketma, a potential large-scale, world-class phosphate development asset containing a JORC compliant Inferred Resource of 130Mt @ 20.5% P₂O₅. The resource is defined from drilling at only two of the project's six prospects. Chaketma is located 210 km south-west of Tunis by road and just 35km from the nearest railhead which connects to the Port of Goulette/Rades for export.A significant amount of drilling has been completed since the existing Resource was defined and a Mineral Resource Upgrade is currently underway aiming to enhance the confidence and scale of the existing Resource. PhosCo looks forward to updating the market on the outcome of this work in the March 2022 quarter.
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