Source: Stuff.co.NZ – Business Day
Author: James Weir
Plans to mine rock phosphate from the Chatham Rise took another step forward with €4 million to be spent on a final detailed design of a system to extract the rock from under the sea.
New Zealand company Chatham Rock Phosphate has agreed with Boskalis to move to phase two of its services contract to design the mining system. That work should be completed by the end of June 2013.