Good to see a major player seeing confidence enough to reopen a...

Good to see a major player seeing confidence enough to reopen a superphosphate plant.

"* Getting approvals is often the greatest pain in the neck for juniors (after raising money in tough times and appeasing unhappy shareholders), so Krucible Metals will be relieved that the Queensland government says it will not require an environmental impact study for the small Korella phosphate project. The deposit is just 5km south of the Phosphate Hill mine operated by Incitec Pivot. Incidentally, for those who like Pure Speculation are keen on the fertiliser-potash-phosphate story, we note that IPL is re-opening its Geelong manufacturing plant due to the sharp recovery in demand for superphosphate."

source - http://www.theaustralian.com.au/business/mining-energy/news-you-can-use/story-e6frg9ex-1225885717706