MELBOURNE, Australia (AP) _ The impoverished Pacific island of Nauru has forged a partnership with an Australian company in an attempt to revive its once lucrative phosphate industry, officials said Sunday.
Fertilizer group Incitec Pivot Ltd. will provide materials and engineering expertise to a new company set up by the Nauruan government to operate the phosphate rock mining operations, at an expected cost to the company of 6 million Australian dollars (US$4.4 million; euro3.7 million).
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