Our vision is to develop a successful, sustainable, fertiliser business in the Northern Territory, that provides economic opportunities in the Territories regions, while acting with respect for stakeholders and the environment.
We are committed to feeding the future safely and with integrity.
We ensure all developments comply with regulatory requirements, while aiming for for industry best practice and continuous improvement.
We seek to achieve the highest standards in ethical performance, honesty, integrity, fairness and equality with all stakeholders.
We act and communicate collaboratively with transparency, sincerity and understanding of cultural diversity.
We work with all stakeholders openly and seek to deliver benefits from project developments fairly and equitably.
We will apply the most advanced practicable techniques to ensure that our projects generate the least impact possible on the environment, whilst also contributing to the social and economic development of the region.
We will pursue best practice in health and safety, the environment, and within the communities in which we operate.
We endeavor to develop projects with strong financial discipline, rigorous evaluation and calculated commercial and financial risk-taking.
We pursue long life and cost competitiveness in our projects to ensure they can compete in global markets and deliver financially robust returns over the long term.
The company commenced trading in 2007 on the Australian Stock Exchange focused on mineral exploration in the Northern Territory. The original target mineral was uranium, however this soon changed to a fertiliser minerals following the discovery of the Ammaroo Phosphate deposit in 2010.
In 2010 Verdant acquired the Exploration Licences 25183, 25184 & 25185, including the Ammaroo South Deposit and went on to discover the main Ammaroo deposit Barrow Creek 1 in the second day of exploration drilling . The discovery hole intersected 10 m at 20.2% P₂O₅ from 16 m depth.
In 2013 the Company acquired Central Australian Phosphate Limited (CEN), which included the the Arganara Phosphate deposit adjacent to and contiguous with Barrow Creek 1 discovery and Rockhole prospect. Barrow Creek 1 and Arganara are now combined into the main Ammaroo Resource.
Through exploration, discovery and aggregation the Ammaroo resource is >1Bn tonnes which is globally significant and Australia’s largest Phosphate resource.
Verdant also has interets in prospective Potassium resources in Central Australia. In 2010 the Company acquired the Karinga Lakes Potash Project, and undertook geological studies to develop a maiden JORC resource.
In 2016 the Company applied for exploration Licenses over the Lake Amadeus Potash Project, which is the extension of the Karinga Lakes resource.
The Company adopted the name Verdant Minerals Ltd in December 2016, which signified the company’s transition from minerals explorer to a fertiliser mineral project developer.
In 2018 Verdant successfully completed a technical feasibility study on the export of Phosphate concentrate from Ammaroo, including receiving all environmental approvals from the Northern Territory and Australian Government.
In 2019 Verdant was acquired and taken private by CD Capital Natural Resource Fund III (CD Capital) and Washington H Soul Pattinson (ASX:SOL. Verdant is now focussed on additional processing and value adding to Ammaroo phosphate, into Phosphoric Acid.
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