Jay
I forgot to add this...
FOS is building the plant to process the phosphate from their own mine in Canada and this plant will be very profitable..
General Phosphate Information
Phosphate mineralization is mined and then concentrated to phosphate rock, from which phosphoric acid (SPA) is produced. SPA, grading in the range of 70% P2O5, has seen a recent price increase to over $1,000 per tonne and is a key component in the manufacture of fertilizer products.