hi bernard99
the Australian market is a net importer of finished fertilizer products that have been beneficiated such as dap and map.
@ $100 a tonne mining DSO rock phosphate is not economical for mak. I believe the same goes for RUM.
Australia only has one dap plant and that is incitec pivot's plant in north qls which incitec pivot mine their own phosphate for.
the large capital cost of setting up a dap/map plant plus all the environmental issues has really placed a hold on Australia having a large phosphate/fertilizer industry.
if IHP is successful and implemented at wonarah it opens up many potential final destinations to which Australia and India in my view are the most obvious.
it frustrating watching and waiting but the potential for mak is limitless.
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