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Category: Policy & Regulation

Mining licence approved for Ammaroo phosphate project

Austrlai’s Northern Territories Government has approved a mining licence for Verdant Minerals’ Ammaroo phosphate project. The approval follows the granting of two mineral leases in March and represents a critical step towards construction and mining operations at one of the world’s largest phosphate resources. Verdant estimates the value of production over the life of the mine to exceed $15 billion. Verdant says that securing the mining licence puts the project firmly on track to reach a final investment decision and commence construction as early as mid-2027. Located 200 kilometres south-east of Tennant Creek, the Ammaroo phosphate deposit contains more than one billion tonnes of phosphate ore.

Sulphuric acid leak at Aqaba

At least 43 people were injured after sulphuric acid fumes leaked from a chemical storage at the port of Aqaba in October, according to local press reports. Two of the injured were admitted to intensive care and another six were held in hospital. The remaining cases were described as mild and were treated either on-site or in nearby hospitals. Jordan’s Public Security Directorate (PSD) said emergency teams from the Aqaba Civil Defence Department, supported by the Aqaba Support Group, responded immediately to reports of a sulphuric acid vapour leak which created a fume cloud roughly 400 square metres in size. The operating company’s technical team managed to stop the leak before specialised hazardous materials units from the Civil Defence took over, implementing safety procedures in line with approved protocols. Investigations are under way to determine the cause of the leak, in coordination with the Public Security Directorate and other relevant agencies. Three years ago a sulphuric acid leak from a storage tank at Aqaba killed 13 and injured several hundred people.

Good COP, bad COP?

As I write this editorial, the 30th meeting of the Conference of the Parties (COP) to the UN Framework Convention on Climate Change – aka COP-30 – is taking place in Brazil. It is fair to say that the attempt to try to restrict a large greenhouse gas-driven temperature rise across the planet has become one of the defining issues of our age, and particularly for an energy-intensive industry such as our own, responsible as it is for up to 2% of global carbon and carbon equivalent emissions. The move towards lower carbon intensity production of hydrogen, ammonia and methanol, via carbon dioxide capture and sequestration, gasification of biomass or waste, or electrolysis of water using renewable power, has come to dominate our news coverage, and in this issue we also carry articles on the state of play of both ‘blue’ and ‘green’ ammonia production, as well as technology for ‘cracking’ ammonia back to hydrogen and nitrogen for its potential use as a hydrogen carrier.

Is the world ready for CBAM?

At the end of this year, the European Union’s Carbon Border Adjustment Mechanism (CBAM) will move from its transitional phase into its ‘definitive’ phase, whereby the carbon costs of goods entering the EU will need to be priced in. CBAM requires suppliers to calculate the carbon emissions of their fertilizer (and other, e.g. steel) products, including indirect emissions, for example from electricity consumed in the process, and emissions of precursor or raw materials. They will then need to purchase CBAM certificates to cover embedded emissions above the established free allowance benchmark rates determined by the European Commission: 1.57 tonnes CO2e/tonne ammonia and 0.23 tCO2e/t nitric acid.