Phosphate Australia (ASX:POZ) has more commercial grades of...

Phosphate Australia (ASX:POZ) has more commercial grades of rock
phosphate from metallurgical studies being carried out on the Highland
Plains project in the Northern Territory.
Results are encouraging to this point and the material is
demonstrating the amenity of Highland Plains' mineralisation to be
upgraded to an internationally marketable product.
The demonstrated ability of the project to produce a high
specification rock phosphate product of 35-36pc phosphate highlights the
potential quality of the Highland Plains resource.
Commercial grades of rock phosphate trade on the international
market at concentrations generally between 29pc and 32pc.
These results underpin the strategy to market Highland Plains
beneficiated rock phosphate to fertiliser manufacturers worldwide in
early 2010.