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MOSCOW, RUSSIA/KARATAU, KAZAKHSTAN: EuroChem, one of the world’s largest fertilizer companies, has launched drilling and blasting operations at its phosphate rock development project in Kazakhstan. The large-scale development of the phosphate rock deposit is carried out by Kazakhstan-based EuroChem-Fertilizers LLP.
The initial production capacity will amount to approximately 640,000 tonne of phosphate ore per year with first production expected to come on stream in 2014. The initial phase of the project represents investments of approximately $120 million.
“EuroChem is deeply committed to the Jambyl region and has already contributed over $10 million dollars to help solve some of the most pressing social issues,” said Erakulan Shakittovich Muryagaliev, General Director, EuroChem Fertilizers LLP.
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