Chatham Rock Phosphate Executes Mining Services Agreement with Golding Contractors

Chatham Rock Phosphate Ltd. has taken another step forward in bringing its Korella North rock phosphate mine into operation.

Chatham Rock has contracted with leading Australian civil and mining contracting firm NRW Holdings Ltd. for its wholly owned subsidiary Golding Contractors to provide mining services for the development of the Korella North mine.

Chatham Rock, through its Australian company Korella Fertilizers, has since earlier this year been discussing with Golding the provision of mining and exploration services in the development of its Korella North, Korella Central and Korella South phosphate projects located adjacent to Phosphate Hill in northwest Queensland.

Under the agreement, Golding will provide mining services to facilitate the granting of a mining lease at Korella North (EMP 28589) and statutory services in the exploration of Korella South (EMP28187).

The Chatham Rock Phosphate Ltd. mining service agreement adds to several contract wins announced by Golding over the past year including:

A five-year contract extension at the Phosphate Hill mine, Queensland, Australia, to extend the Golding operations out to September, 2026;

A contract extension at the Curragh coal mine in central Queensland, Australia, out to December, 2026;

A 5.5-year contract extension at the Baralaba North mine, central Queensland, Australia;

A $52-million rail civil construction package and a $15-million bulk earthwork, drainage and roadwork package for the Olive Downs mine in the Bowen basin, Queensland, Australia.

  • A five-year contract extension at the Phosphate Hill mine, Queensland, Australia, to extend the Golding operations out to September, 2026;
  • A contract extension at the Curragh coal mine in central Queensland, Australia, out to December, 2026;
  • A 5.5-year contract extension at the Baralaba North mine, central Queensland, Australia;
  • A $52-million rail civil construction package and a $15-million bulk earthwork, drainage and roadwork package for the Olive Downs mine in the Bowen basin, Queensland, Australia.

About Korella Fertilizers

Korella Fertilizers is an operation, based in Cloncurry, northwest Queensland, for an international phosphate company, Chatham Rock.

With its Korella phosphate sourced south of Cloncurry at Phosphate Hill, Korella Fertilizers is establishing a distribution hub and an MCP manufacturing plant in Cloncurry to service its rural customer base, especially in northern Australia.

In parallel, the company is working on plans for a two-million-tonne-per-year bulk phosphate rail-loading facility at Korella North and Phosphate Hill and a five-million-tonne-per-year shiploader in the Port of Townsville.

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