Minbos Resources Limited  ASX:MNB

Company

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Minbos Resources Limited ASX:MNB

$ 0.002

19-Oct-20

Overview

Minbos Resources Limited (ASX:MNB) is an ASX-listed exploration and development company with a world-class phosphate ore project within the Cabinda Province of Angola.

With fertilizer consumption on the African continent projected to reach 13.6 million tonnes by 2030 (7.6 million tonnes currently), Minbos Resources Limited immediate focus is on bringing the Cabinda Phosphate Project into production, a de-risked project uniquely positioned to address the exponential agricultural growth in Middle Africa.

The Company has previously released a phosphate resource estimate of 13Mt @ 26% P2O5, including an estimated 7Mt @ 30% P2O5.

In March 2020,  The Angolan Ministry of Mineral Resources and Petroleum advised the Company that its tender submission for the Cácata Phosphate Concession (Cabinda Project), located in the Province of Cabinda, has been classified as 1st (or Successful).