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CHATHAM’S RAILPHOS MEETS EUROPEAN UNION (EU) DELEGATION

Operational Update21 August 2025CRPIndustrials

NEWS RELEASE 25-016 August 20, 2025

CHATHAM’S RAILPHOS MEETS EUROPEAN UNION (EU) DELEGATION


WELLINGTON New Zealand - Chatham Rock Phosphate Limited (TSXV: “NZP”, NZX: “CRP”

and “3GRE” (Frankfurt) or the “Company”) advises that that executive director Colin

Randall, the leader or our RailPhos project met with the 17 representative European Union

Delegation of Economic and Commercial Counsellors in Cloncurry on Wednesday 20

th


August 2025.


The presentation made by Colin Randall emphasised two major points:


First, the fact that Australian phosphate was low in cadmium and with its use by European

fertilizer producers they would be able to meet the increasingly stringent requirements for

cadmium in phosphatic fertilizers set by the EU.


Europe had been dependent on Russian phosphate for almost 60 per cent of its low

cadmium phosphate. It was not possible to replace it with high cadmium phosphate from

Morocco / Southwest Sahara and therefore had been sourcing low cadmium phosphate

from South Africa but it contains elevated levels of uranium and thorium.


With Australia’s demonstrated ability to mine and export bulk commodities, the mining and

export phosphate from Queensland’s Georgina Basin would provide a long-term stable,

supply to the EU of low cadmium phosphate.


The second point emphasised was the ability to provide a low-cost transport system for

supply of phosphate to Europe through the RailPhos project.


The RailPhos project includes common user rail loading facilities, the Cloncurry to Port of

Karumba rail line, common user rail unloading and storage facility at Karumba and barge

loading for transport of phosphate to anchored Ocean Going Vessels in the Gulf of

Carpentaria.


The ability to load ships in the Gulf of Carpentaria that had a capacity range of Panamax to

Cape Size enabled low-cost sea freight to the major European ports of Antwerp and

Rotterdam. From there smaller vessels and barges could supply the European phosphate

market including buyers such as Prayon in Leige, a major producer of phosphoric acid.


The delegation was interested to hear that Australia had low cadmium phosphate that could

be competitive in the European market.


The EU Delegation visit to Mt Isa, Cloncurry and Townsville


The EU delegation visit to to Queensland occurred on 18

th

to 22

nd

August 2025.

Representatives in the delegation were from:


EU Delegation to Australia; Austrian Consulate; Belgium Mission; Wallonia Trade Agency;

Cyprus High Commission; Czech Embassy; Embassy of France; German Embassy; Consulate

of Hungary; Embassy of Lithuania; Latvia Trade; Embassy of Poland; Polish Invest and Trade;

Slovak Consulate; Embassy of Slovenia and the Embassy of Sweden.


The visit to Mt Isa, Cloncurry and Townsville was organised by Mount Isa to Townsville

Economic Development Zone (MITEZ) and their CEO Maria James led the visit.


Chris Castle

President and Chief Executive Officer

Chatham Rock Phosphate Limited

64 21 55 81 85 or chris@crpl.co.nz



Statements about the Company’s future expectations and all other statements in this press

release other than historical facts are “forward looking statements”. Such forward-looking

statements are based on numerous assumptions, and involve known and unknown risks,

uncertainties and other factors, current market conditions, and risks inherent in mineral

exploration and development, which may cause the actual results, performance, or

achievements of the Company to be materially different from any projected future results,

performance, or achievements expressed or implied by such forward-looking statements.


Neither the TSX Venture Exchange, its Regulation Service Provider (as that term is defined

under the policies of the TSX Venture Exchange), or New Zealand Exchange Limited has in

any way passed upon the merits of the above described transaction, and has neither

approved nor disapproved of the contents of this press release.

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