Developing phosphate interests in the Georgina Basin, Queensland, Australia

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Message: Nasty question

Nasty question

posted on Apr 19, 2008 05:49PM

This story is so cool, can it be?

I have this nasty question on the quality of the phosphate ore. Typically, phosphate contains some unhealthy heavy metals like Cadmium or radioactive metals like Uranium and Thorium. For example, the Moroccan phosphate is "rich" of Cadmium, and spoilt Europeans do not buy that phosphate. Some of these phosphate deposits extract and sell the uranium and make additional money from it, e. g. Arafura (ARU.AX). Others just produce phosphate of lower quality grade. There exist grades like food grade, fertilizer grade, industrial grade (as far as I remember). So, the quality has an impact on the price and possibly the feasibility of the project.

Has anybody some more information on Legend's phosphate quality, or of the neighbors' deposits?

Thanx in advance,

dr

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Apr 20, 2008 03:44AM
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