World Not Running Out Of Phosphate — Report – for Oct. 11, 2010

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There is enough phosphate rock to make fertilizer for several hundred years, according to a new report, knocking down speculation that the world is poised to run out of phosphorus. There is an estimated 60 billion tonnes of reserves of the mined, non-renewable mineral – one of three essential nutrients to grow crops – plus another 290 billion tonnes of raw global phosphate rock resources that could be used in the future, the International Fertilizer Development Center said. The IFDC decided to estimate world phosphate supplies after a resurgence of concern about shortages in recent years. The Alabama-based IFDC found no sign that supplies were at imminent risk of exhaustion, although it acknowledged that the fertilizer is a finite resource, and urged new research on how to mine, process and use the nutrient more efficiently.

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