Namibian Marine Phosphate (Pty) Ltd (NMP) is developing the world's first marine phosphate project off the coast of Namibia and will establish Namibia as a premier rock phosphate producer, contributing to the Namibian economy and supporting ongoing crop production through the provision of phosphorus for fertiliser.
Benefits of the Project
NMP is developing the world's first marine phosphate project, which will establish Namibia as a premier rock phosphate producer in the global market.
There is potential to establish future downstream processing of NMP's beneficiated phosphate into higher value phosphorous and compound fertilisers of the resource, particularly for the production of fertiliser. Local production of phosphate will help to secure agricultural productivity and food security in Namibia and the region, as well as elsewhere in the world.
The project will contribute to national and regional growth through employment, royalties and tax revenues. Direct permanent employment will be created, as well as indirect jobs in supporting services. These will include short-term employment during construction and the opportunity for capacity development and training.