Food demand set to rise as a result of population growth, urbanization, and rising incomes.
As Australia begins the production of one of the few known high-grade phosphate rock deposits which is expected to help improve food security.
Centrex Limited (CXM) CEO, Robert Mencel outlines the importance of Phosphorus as an essential nutrient for plant growth and how it is used to improve crop yields.
By developing this deposit, Australia looks to increase its domestic production of the critical resource and reduce dependence on imports in the years ahead.
