Arianne Phosphate (TSXV:DAN,FWB:JE9N,OTCBB:DRRSF) commissioned a scoping and market study on the feasibility of processing Arianne’s phosphate rock into purified phosphoric acid (PPA), MAP/DAP and Nitro phosphate fertiliser products.
As quoted in the press release:
In this exploratory study, which will have a strong business case and market focus, Cegertec WorleyParsons will look at the economic capacities and types of processing plants suitable for the secondary transformation of Arianne’s high quality phosrock product and potential final product specifications. In addition, possible facility locations, including those in the project region, will be evaluated and power and other raw material requirements and potential sourcing options will be studied and identified. The market potential for export of the processed product, as well as CAPEX and OPEX for the construction and operation of such a plant, will also be studied.
Arianne Phosphate CEO, Brian Kenny, said:
Arianne remains strongly focused on bringing our world class Lac à Paul phosphate rock project into production in 2017. Our energies and expertise are completely focused on this goal. The very high quality of Arianne’s concentrate product and its major mineral resources makes this a compelling study and focuses further market awareness on the exceptional quality of our world class project.