Galileo Phosphate subsidiary signs South Africa supply deal
Source - SMW
Galileo Phosphate said a subsidiary had signed a heads of agreement to supply raw phosphate rock to a 'major phosphate and fertiliser producer', without being specific.
Product would be supplied in the form of flotation concentrate from Glenover's phosphate-rare earth project in the Limpopo Province of South Africa.
The company also announced that the Department of Mineral Resources had accepted Glenover's application for a mining right and that it had commenced work on a requisite environmental impact assessment.
At 2:54pm: (LON:GLR) Galileo Resources share price was +0.08p at 1.63p