CCM's Phosphorus Industry China Monthly Report indicates that enjoying rich phosphorus reserve, Leibo County strengthens phosphorus chemical industry development.
Enjoying ample phosphorus resource reserve, Leibo County in Sichuan Province is boosting its phosphorus industry.
Located in Sichuan Province, Leibo County holds over 4,400 million tonnes phosphorus proved reserves (P2O5 25-35%) which is one of eight rich phosphate areas in China. Though Leibo County enjoys ample phosphorus reserves, it was exploited until the end of 2008. With the soaring price of phosphorus ore and the optimizing infrastructure projects, Leibo County attracted three investors during the 9th Western China International Fair in Oct. 2008, with the total investment of USD536.43 million.
Since then, phosphorus industry developed fast in Leibo County. In 2010, Leibo County sold over 1.30 million tonnes phosphorus ore. Meanwhile, Sichuan Leibo Yangfeng Fertilizer Co., Ltd., one of the third phosphate chemical producers in Leibo County produced over 200,000 tonnes ammonium phosphate chemical in 2010. After the three investors completed their investment plan, Leibo County will become an important phosphate chemical production base in Southwest China.
In the 12th Five-Year-Plan (2011-2015), Leibo County will further strengthen its phosphorus industry. According to the development plan, Leibo County aims to set up a comprehensive phosphate chemical production base in the next five years, including 3 million tonnes phosphorus ore flotation, 2 million tonnes phosphate fertilizer and 100,000 to 200,000 tonnes yellow phosphorus, as well as one million tonnes fine phosphate chemicals, etc. projects.
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(GuangzhouChina, September 3, 2011)
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