WELLINGTON, NZ, Feb. 8, 2018 /CNW/ - Chatham Rock Phosphate
Limited (TSXV: "NZP" and NZAX: "CRP" or the "Company") is pleased
to announce that it has been invited to present at the NZ Minerals
Forum 2018, to be held in Queenstown in May this year.
The event, which is supported by the New Zealand Government (NZ
Petroleum & Minerals), Straterra and Freeman Media, is designed
to showcase New Zealand's minerals
potential and to attract new investors to New Zealand.
It's a tribute to our project that we have been selected to
deliver the opening presentation in the company investment
opportunities section. Registrations to date already confirm that
this event has attracted hundreds of focused potential investors
and Chatham intends to take full
advantage of this marketing opportunity.
To learn more about the conference, visit
www.mineralsforum.co.nz
About Chatham Rock Phosphate
Chatham Rock Phosphate is
the custodian of New Zealand's
only material resource of environmentally friendly pastoral
phosphate fertiliser. Our key role is connecting the resource with
those who need it.
Using this phosphate will support sustainable farming practices,
including healthier soils and reduced accumulation of the heavy
metal cadmium, dramatically lowering runoff to waterways and
shrinking fertiliser needs over time.
The resource has an estimated worth of $5 to $7 billion,
representing one of New Zealand's
most valuable mineral assets and is of huge strategic significance
because phosphate is essential to maintain New Zealand's high agricultural
productivity.
New Zealand's current access to
phosphate is vulnerable to economic and political events in the six
countries controlling 98% of the world's phosphate reserves, with
85% of the total in the Western Saharan state of Morocco.
Chatham takes very seriously
the responsibility vested in it through its mining permit to use
the world's best knowledge and technology to safely extract this
resource to help sustainably feed the world.
Our initial environmental consenting process established
extraction would have no significant impact on fishing yields or
profitability, marine mammals or seabirds.
Neither the Exchange, its Regulation Service Provider (as
that term is defined under the policies of the Exchange), or New
Zealand Exchange Limited has in any way passed upon the merits of
the Transaction and associated transactions, and has neither
approved nor disapproved of the contents of this press
release.
SOURCE Chatham Rock Phosphate