Business
Bayer faced the new problem in the US
Phosphorites cannot be mined.
Investments are estimated at $100 million.
Phosphorite reserves are 26.8 million tons.
If it doesn't work at sea, it will do on land.
The next step is exploratory drilling.
The project schedule was met.
Unless the COVID-19 interferes with the company's plans.
This raw material has a complex composition.
The New Zealand company wants to mine underwater phosphorites.