patty
phosphate production 147 million tonnes in 2007
Growth at 4 percent a year, is 6 million tonnes extra a year. China production is gone from the international market
By 2012 there will need to be 25 to 30 million extra tonnes due to growth + china shortfall just to be where we are today.
Theres maden, a few aussie hopefuls and brazil. I dont think the new comers will even dint prices.
mak may be too late, page-21
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