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Philippine Phosphate Fertilizer Corporation (PhilPhos) is a fertilizer company based in Makati, Metro Manila [1] which is partly-owned by the government of Nauru. Its headquarters is located at the Pacific Star Building [ 1 ] which was also built by the Nauru government.
Ellis' discovery of phosphate excited John T. Arundel of the Pacific Islands Company and the company decided to pursue rights and access to Nauru's lucrative resource. The negotiations to pursue rights to the phosphate involved four parties: the British and German governments, the newly reorganised Pacific Phosphate Company, and Jaluit-Gesellschaft (a German mining company that had been ...
In 2015, 27.6 million metric tons of marketable phosphate rock, or phosphorite, was mined in the United States, making the US the world's third-largest producer, after China and Morocco. The phosphate mining industry employed 2,200 people. The value of phosphate rock mined was US$2.2 billion.
The construction industry is the number one user of phosphogypsum in 2020, with 10.5 Mt used as concrete set retarder and 3.5 Mt used in drywall. [13] It is also used as a chemical feedstock for producing sulfates , and as a soil conditioner similar to regular gypsum. [ 14 ]
In 1972–1973, Philippines was beset by rice production shortfalls resulting from the series of typhoons and floods and fertilizer shortages spawned by the oil crisis.The resulting fourfold drop in rice production prompted the government to directly intervene in the operations of the fertilizer industry through the issuance of Presidential Decree (P.D.)
In the early years of the Nauru Phosphate Royalties Development Trust, it financed the construction of two of five high-rise luxury condos in Hawaii (on the island of Oahu). The five towers (two completed as of October 2005) are on prime Honolulu real estate with ocean views and represent a benchmark in Honolulu luxury high-rises.
Nauru and the Philippines made a joint venture in the phosphate industry and raw phosphate from Nauru was processed in plants built in the Philippines. $35 million was invested in the joint venture, which Nauru later claimed to amount to $60 million by 1997 The venture suffered a loss amounting to $1.2 billion. [3]
Phosphate is also used in animal feed supplements, food preservatives, anti-corrosion agents, cosmetics, fungicides, ceramics, water treatment and metallurgy. The production of fertilizer is the largest source responsible for minerals mined for their phosphate content.