In West Africa, the Togolese government launched on 2012 a tender searching for strategic partners to develop a 2 billion tonnes carbonated phosphate layer and fertilizer plant, 25km from the beach line and in adjacent to an existing operating phosphate project of its ownership.
Elenilto, one of the leading African mining developers, was selected by the government of Togo as one of the three short listed companies for the development. The company is planning to recover in the 1st stage 5 million tons annually marketable phosphate rock which can ramp up to 10 million tons annually (the concentrated product is 31.5% P2O5). The major part of the marketable rock will be used to produce and export phosphoric acid, and fertilizers as: DAP, MAP, GTSP and further products. The project is including the improvement and construction of wharf, power plant and transportation for the phosphate and fertilizers. Elenilto is developing offshore and onshore oil blocks, iron ore, tantalum, coal and other mineral large scale projects in eight countries in Africa and Europe.
Elenilto joined to the project the Chinese giant company, Wengfu Group, which is one of the biggest Chinese phosphate and fertilizer production companies with worldwide reputation and with many years of global operations in phosphates mining and fertilizer products production using high end technology. Wengfu is entering to the project as equity partner that will invest 40% of the required investments and will provide the management and professional services to the partnership jointly with Elenilto. Wengfu is the world’s sixth largest granulated fertilizer producer. The development of the project will be done in stages and within few years it is expected to begin production. The total investment in the project is estimated to be over 1 billion US$.