Striking A Balance: Sustainable Phosphate Practices For A Growing World Population
Chicoutimi, QC
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February 05, 2024 08:30 AM Eastern Standard Time
By Faith Ashmore, Benzinga
Phosphate plays a crucial role in ensuring global food security. As an essential nutrient, phosphate is a key component of fertilizers, which are fundamental in enhancing crop productivity. Phosphorus is responsible for promoting root development, aiding in seed production and supporting overall plant growth. Without an adequate supply of phosphate, plants would struggle to obtain the necessary energy for crucial metabolic processes. The efficient management and use of phosphate resources are critical to maintaining a sustainable agricultural system, ensuring that future generations have long-term access to an essential nutrient for food production.
However, the current state of phosphate usage and production is being criticized by global experts. Phosphate is undeniably essential for global food security, but the need for sustainable phosphate usage has become even more critical. The current state of the global phosphorus cycle presents a dilemma and an opportunity. In certain regions, excessive amounts of phosphorus are being added to soils to support food production, which can lead to run-off into water bodies such as lakes and rivers, causing excessive algae growth in coastal ecosystems. On the other hand, there are areas where farmers are facing challenges in accessing enough phosphorus to meet the increasing food demand. This situation is made even more complicated by unsustainable mining practices, which have drawn their own share of criticism.
With the global population continuously growing, it is imperative to re-map the phosphorus cycle on a global scale. This re-mapping process aims to ensure that sufficient food can be provided for everyone while simultaneously reducing the costly environmental damage caused by nutrient pollution and questionable mining practices. By adopting sustainable phosphorus usage practices, the international community can strike a balance between meeting food production needs and preserving the health of our ecosystems, thereby achieving long-term food security.
A recent report calls on governments across the world to adopt a "50, 50, 50" policy: a 50% reduction in global pollution of phosphorus and a simultaneous 50% increase in recycling of the nutrient by the year 2050. This will require other phosphate mining projects to help produce and work ethically to ensure the resource is equitably distributed.
The projections compiled by the Food and Agriculture Organization (FAO) showcase that we will need to produce 60% more food by 2050 to feed a growing global population of 9.3 billion. Continuing with a business-as-usual approach to agriculture would put an enormous strain on already limited natural resources. The need for more phosphate companies that are committed to sustainable practices cannot be understated.
Companies like Arianne Phosphate Inc. (OTCMKTS: DRRSF), a promising phosphate mining company, are among the very few in North America that can respond to the growing demand for phosphate and are committed to sustainability. The company’s Lac à Paul project in Quebec is a response to a growing global demand for phosphate for fertilizer, which is increasing by 2% to 3% each year.
Arianne has a world-class mining project, and the company reports it is the single largest greenfield deposit of phosphate. One major edge Arianne has is the deposit is igneous – which allows it to produce a high-purity/low-contaminant concentrate which compares very favorably to phosphate housed in sedimentary rock. This rare geological setting allows Arianne to produce a finished phosphate concentrate that is amongst the purest in the world and ideal for use in batteries and fertilizer.
But beyond quality phosphate, Arianne also boasts strong community support and adheres to stricter environmental, social and corporate standards. For North American companies that want their suppliers to align with their social agendas, Arianne is a perfect partner.
Hydroelectricity – a clean, green, renewable energy source – will provide 75% of all energy required for the Lac à Paul project. Arianne also has followed a greenhouse gas emissions accounting program since 2010 to help reduce its ecological footprint. The company is committed to being as carbon-neutral as possible.
Meeting the increased global food demands projected by the FAO by 2050 will require significant usage of phosphate. Sustainability initiatives such as ethical phosphate mining, precision farming, management of value chains and adoption of green fertilizer technologies will be a cornerstone in striking a balance between meeting the increasing food demand and utilizing phosphate and other natural resources sustainably.
ARIANNE PHOSPHATE INC. (www.arianne-inc.com) owns the Lac à Paul phosphate deposit in Quebec, Canada. Fully permitted and shovel ready, the asset is among the world’s largest greenfield deposits, capable of producing an environmentally friendly phosphate concentrate. Due to the nature of its high-purity, low-contaminant product, Arianne’s phosphate can be used to produce fertilizer as well as meeting the technical requirements of specialty applications such as the lithium-iron-phosphate (LFP) battery. The Lac à Paul deposit is rare due to its geographic location and geological structure. Arianne Phosphate is listed on both the TSX-V: DAN and the OTCQX: DRRSF.
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This information contains forward looking statements. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding potential mineralisation and reserves, exploration results and future plans and objectives of Arianne Phosphate Inc, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Arianne Phosphate Inc’s (“Arianne Phosphate” or the “Company”) expectations are disclosed under the heading "Risk Factors" and elsewhere in Arianne Phosphate Inc’s documents filed from time-to-time with the TSX Venture and other regulatory authorities.
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