Resource Hunter Capital Corp. Phosphate Mining in West Africa

Phosphate Basics

Phosphate rock is a non-detrital sedimentary rock which contains high amounts of phosphate bearing minerals. Phosphate represents the only significant global resource of phosphorus which finds its primary use in the fertilizer and agricultural industry. Most phosphate is consumed as a principal component of nitrogen (N), phosphorus (P) and potassium (K) fertilizers used on food crops throughout the world.

Typically, phosphate consumption due to fertilizers production represents approximately 85% of world phosphate utilisation with the remaining breakdown as follows: animal feeds, human food complements (8%), industrial uses (5%) and specialty chemicals (2%) account for the remainder.

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