Food demand from middle Africa’s expanding population is unmet by local primary agriculture. Angola has significant unutilised arable land, high rainfall and no primary fertilizer manufacturing facility.
Our plan is to mine Phosphate Rock from the Cácata Deposit and transport it to Porto de Caio where a granulation plant will be built and operated at the industrial site to produce Enhanced Phosphate Rock (EPR) granules. The EPR granules will become the P nutrient feed stock to blend with imported Nitrogen (N), and Potassium (K) granules in NPK blending plants to exact specifications suited to Angolan crops and soils.
The Cabinda Phosphate Project is the first step in developing a high impact self-sustaining agricultural sector throughout Angola and middle Africa and the first step in alleviating poverty for millions of subsidence farmers who use no soil nutrients.
Cabinda Phosphate Project
Minbos 85%, Local Partner 15% carried
Cabinda Province, Angola
Enhanced Phosphate Rock (EPR)
Gas, Power, Roads and Regional Port
Mining Target (M&I)
6.5Mt @ 30.2% P2O5 21 year life1
Scoping Study Results
150ktpa increasing to 450ktpa
Currently around 50,000tpa of P2O5
US$222 – 290 per tonne
US$121 – 141 per tonne (LOM)
Pre production Capex
US$22.4 – 27.9 million
After Tax NPV
US$159 – 260 million
After Tax IRR
40 – 58%