Innovation Proposals
Institute of Geological Sciences Institute of Geological Sciences
Division of Chemistry and Earth Sciences

Phosphorite within Vorotan-Goris diatomite sedimentary basin as raw material for production of phosphate fertilizer for agriculture

N Investment project title Phosphorite within Vorotan-Goris diatomite sedimentary basin as raw material for production of phosphate fertilizer for agriculture
1. Sector

Earth sciences and related sciences

2. Project description

Selection of 1-2 promising areas from economical point of view and preparation of documentation and programs for estimation of reserves of phosphorites

3. Project implementation period 2 years
4. Project location Institute of Geological Sciences of NAS RA, Yerevan and Syunik marz of Armenia
5. Project overall cost (USD) 80.000
6. Required investments (USD) -
7. Own funds (USD) -
8. Creation of jobs At the beginning of the project At the end of the project
8 5
9. Payback period 2 years
10. Annual profitability index USD 520.000 (in perspective)
11. Detailed costs

Field work – USD 24.000
Laboratory analysis –USD 20.000
Salaries - USD 26.000
Travel support - USD 10.000

12. Offer to investor

-

13. Contact details

Tornik Avagyan, Leading Researcher of the Institute of Geological Sciences of NAS RA
E-mail: laura.aleksandryan {[ at ]} mail.ru
Tel.: (+374 10) 459917



(a) phosphorite concretion, (b)- cross-section of concretion
(a) phosphorite concretion, (b)- cross-section of concretion