PROJECTS

OUR VISION

Our ambition is to become a sustainable low-cost producer of phosphate rock by developing our flagship Deep Blue project, a potentially large high-grade marine phosphate deposit located on the Peruvian continental shelf.

We promote dynamic and innovative mineral exploration focused on securing and developing low-cost marine mineral deposits located on continental shelves.

LOW EXPLORATION RISK

The company holds seven exclusive mining concessions for all non-metallic minerals.

44 seabed cores across nine sites have been recovered on the Deep Blue shelf with penetration under the seafloor ranging from 100m-400m. In 35 seabed cores, the visual logging and subsequent chemical analysis outline the presence of massive phosphatic minerals in continuous sections of 20m-100m starting from the seafloor with little or no overburden.

STRATEGIC LOCATION

Unique location of the Deep Blue off the west coast of Peru provides cost advantage to supply phosphate rock to the regions with growing phosphate demand – Asia, North America and Oceania.

Peru is a stable mining jurisdiction and a leader in mining and exploration due to its reliable legal framework and optimized Mineral Exploration and Environmental Regulation. As a result of successful collaboration between government and international mining houses mining activities represent today ca. ~61% of the exports of the country

LOW COST OPERATING MODEL

An in-house technical and economic scoping study for project Deep Blue confirms that ultra-low-cost operations (OPEX US$13/t, CAPEX US$53/t) can be achieved by leveraging conventional point suction dredging technology combined with an onshore beneficiation process.

This is a unique competitive advantage which positions RCR to potentially be one of the lowest cost producers of phosphate concentrate in the world.

EXPERIENCED MANAGEMENT TEAM

The principals of RCR have extensive experience in deploying marine exploration programs, dealing with local community concerns and managing complex approvals processes.

Leadership supported by our complementary skills in the variety of areas such as geology, mining engineering, finance and investment management is a key component of success of our venture.

PROJECTS

OUR VISION

panoramic view for offshore

Our ambition is to become a sustainable low-cost producer of phosphate rock by developing our flagship Deep Blue project, a potentially large high-grade marine phosphate deposit located on the Peruvian continental shelf.

We promote dynamic and innovative mineral exploration focused on securing and developing low-cost marine mineral deposits located on continental shelves.

LOW EXPLORATION RISK

low exploration risk

The company holds seven exclusive mining concessions for all non-metallic minerals.

44 seabed cores across nine sites have been recovered on the Deep Blue shelf with penetration under the seafloor ranging from 100m-400m. In 35 seabed cores, the visual logging and subsequent chemical analysis outline the presence of massive phosphatic minerals in continuous sections of 20m-100m starting from the seafloor with little or no overburden.

STRATEGIC LOCATION

strategic location

Unique location of the Deep Blue off the west coast of Peru provides cost advantage to supply phosphate rock to the regions with growing phosphate demand – Asia, North America and Oceania.

Peru is a stable mining jurisdiction and a leader in mining and exploration due to its reliable legal framework and optimized Mineral Exploration and Environmental Regulation. As a result of successful collaboration between government and international mining houses mining activities represent today ca. ~61% of the exports of the country

LOW COST OPERATING MODEL

low cost operations

An in-house technical and economic scoping study for project Deep Blue confirms that ultra-low-cost operations (OPEX US$13/t, CAPEX US$53/t) can be achieved by leveraging conventional point suction dredging technology combined with an onshore beneficiation process.

This is a unique competitive advantage which positions RCR to potentially be one of the lowest cost producers of phosphate concentrate in the world.

EXPERIENCED MANAGEMENT TEAM

red-citadel-corporate

The principals of RCR have extensive experience in deploying marine exploration programs, dealing with local community concerns and managing complex approvals processes.

Leadership supported by our complementary skills in the variety of areas such as geology, mining engineering, finance and investment management is a key component of success of our venture.