The European Bank for Reconstruction and Development has awarded €1M (A$1.8M) to advance the Gasaat Phosphate Project, alongside a $1.1M investment from MD Taz Aldaoud through option exercise.
Funds will accelerate optimisation ahead of BFS, including incorporating the KM discovery into the Resource and an updated Scoping Study. With consistently thick, high-grade intercepts and proximity to the proposed plant site, KM is set to significantly strengthen Gasaat’s economics
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