Ammaroo phosphate project secures key mineral leases

Verdant Minerals says it has been granted two key productive mineral leases for its Ammaroo Phosphate Project by the Northern Territory government. The company says that this significant milestone advances one of the world’s largest undeveloped phosphate resources, located about 220km southeast of Tennant Creek. Acting Chief Minister and Minister for Mining and Energy, Gerard Maley, stated, “This is a significant milestone in progressing a world-class resource project that will support jobs, drive investment, and strengthen the NT’s position as a leader in resource development.”