Galileo subsidiary, undisclosed phosphate producer to undertake pilot plant phosphate flotation study

Aim-listed Galileo Resources’ 34%-owned subsidiary Glenover Phosphate and an undisclosed major phosphate producer (MPP) have entered into an agreement to undertake a two-phase, pilot plant phosphate flotation study (PPFS). The positive outcomes of the study could lead to the possible development of the Glenover phosphate/rare phase earth project, in Limpopo, with the “ultimate objective” of the undertaking to develop the project or offload it, in whole or part, to the MPP.