Phosphate rock refers to economically available phosphate minerals, which is mainly used to produce phosphate fertilizer in industry, and can also be used to manufacture phosphate products such as yellow phosphorus, phosphoric acid and phosphide. These products are widely used in agricultural production, medicine, food, light industry, chemical industry, national defense and other industrial sectors. Phosphate rock is non-renewable. The origin of phosphate rock resources is very long, and the metallogenic conditions are extremely complicated, so it is almost impossible to regenerate phosphate rock. Once phosphate rock resources are developed and utilized, phosphorus will be dispersed into nature with the consumption field of downstream processed products and cannot be recycled. Many countries have listed phosphate rock resources as strategic resources. The content of phosphorus in the crust is very high, but the phosphorus resources with industrial exploitation value in the world are very limited. According to the statistics of the US Geological Survey, the world's economic reserves of phosphate rock are 65.438+08 billion tons, and the basic reserves are 50 billion tons (economic reserves refer to phosphate rock with a mining cost of less than $35/ton, and basic reserves refer to phosphate rock with a mining cost of less than $ 654.38+000/ton), of which more than 80% are concentrated in Morocco and Morocco. In terms of basic reserves, Morocco ranks first, China ranks second and the United States ranks third. The main producers are the United States, Morocco, China and Russian, accounting for 67.6% of the total output. Therefore, judging from the geographical distribution, population concentration, economic development and demand of phosphorus resources in the world, phosphorus resources are scarce to some extent. Phosphate rock is a resource product. In order to protect domestic resources, all countries have introduced relevant policies to restrict the export of primary product phosphate rock. Phosphorus chemical industry has a great demand for phosphate rock, and the international supply and demand of phosphate rock will be tight in the future.

There are about 75 million new people in the world every year, mainly in developing countries. Population growth will inevitably lead to an increase in the demand for food. Especially with the rise of China and India, two populous developing countries, the proportion of people's consumption of food has been increasing, and the proportion of vegetables and fruits in food has increased significantly. The increase of consumption level in developing countries, such as China and India, will inevitably drive the upstream demand for chemical fertilizers. As one of the three major fertilizers needed for crop growth, phosphate fertilizer will inevitably increase with the growth of fertilizer demand. Because there is a reasonable proportion of the three fertilizers applied to crops, the growth of phosphate fertilizer will be promoted with the growth of the whole fertilizer. In 20 10, the European continent suffered from a high temperature which was rarely seen in history, and the drought led to the decline of agricultural production in eastern European countries such as Russia and Ukraine and several European Union countries. It is estimated that the reduction will reach 30%, of which Russia is the most serious, and Russia has announced the suspension of grain exports. According to the report released by the International Grain Council in August, the global grain output in 2010/2010 is expected to be17.53 million tons, and the supply gap has risen to 2 1 10,000 tons. The decline in global agricultural output caused by disasters will definitely stimulate fertilizer input. This year, natural disasters occurred frequently in China, and several major grain producing areas were affected. The central government requires the implementation of special funds to subsidize the supply of agricultural materials, with the focus on increasing fertilizer subsidies to achieve the purpose of fattening crops, promoting early maturity and preventing pests and diseases. 20 10 the increase in international phosphate fertilizer prices in the third quarter directly brought about the overall increase in the profits of the domestic phosphorus chemical industry. The export of domestic phosphate fertilizer has increased greatly in the off-season, which has slowed down the domestic supply pressure; The advantages of domestic thermal phosphoric acid are reflected in the continuous increase of yellow phosphorus price and the increase of food-grade phosphoric acid export. It is predicted that the global phosphate fertilizer industry will still maintain a high operating rate in 20113 years, and the domestic phosphate fertilizer industry will continue to prosper.

List of listed companies of phosphate rock resources:

1 chengxing co., ltd (600078): the company is the largest manufacturer and exporter of fine phosphorus chemical products in China. Although the recoverable reserves of Yunnan Xuanwei and Mile phosphate mines are 654.38+300 million tons, Chengxing shares are not fully exploited, and the total self-sufficiency rate is only 30%, but it has not affected the production stability of the company and the gross profit margin of related products.

2 Xingfa Group (600 14 1): As one of the largest phosphorus chemical enterprises in China, the company currently has 654.38+300 million tons of phosphate rock reserves, with an annual production capacity of10.5 million tons, and the self-sufficiency rate of phosphate rock is less than 50%. The power generation capacity is 6,543,800 kilowatts, and the self-sufficiency rate of the company's power supply reaches 50%. Adequate phosphate rock resources and the integration of phosphorus, electricity and minerals are the biggest competitive advantages of the company's long-term development.

3 ST Malone (600792): 20 million tons of phosphate rock resources.

Liuguo Chemical (600470): At present, it has more than 20 million tons of exploitable phosphate rock.

Hubei Yihua (000422): The company has about 654.38 billion tons of phosphate rock resources, which can meet the needs of phosphate fertilizer production.

6 Yuntianhua (600096): Yuntianhua Group is a scarce chemical company with the most abundant resources. Its phosphate rock resources that have obtained mining licenses are 500-600 million tons, and its long-term reserves exceed 65.438+500 million tons; Zhongliao Mining, a subsidiary, owns 850 million tons of potash resources in Laos. The group and listed companies have 900 million tons of coal resources.

Leading shares of phosphate rock resources listed companies:

Six countries chemical industry (600470):

The company is mainly engaged in the production and sales of high-concentration phosphorus compound fertilizer. The main products are diammonium phosphate and high concentration compound fertilizer. It is a large domestic phosphate fertilizer production enterprise. At present, the total production capacity of the company is1120,000 tons of phosphate fertilizer. The company adopts the marketing mode of "resident direct sales", which basically covers all domestic markets. The company is vigorously promoting the integration strategy, striving to achieve industrial upgrading and product structure adjustment, and enhance profitability. Expand mineral resources upstream, build an ammonia plant and solve the bottleneck of raw materials; Extend the industrial chain downstream, and plan to implement wet purification of phosphoric acid and fine phosphate projects. At present, the extension of the company's industrial chain will enter the harvest period. Susong Phosphate Mine has an annual output of 382,500 tons of 32% phosphorus concentrate (P2O5), 50,000 tons/year industrial wet-process phosphoric acid purification and 30,000 tons/year industrial monoammonium phosphate projects are expected to be completed within this year. 20 12 of the 280,000-ton synthetic ammonia project was completed; Established a battery-grade phosphate production technology research and development center with Sichuan University, and the lithium ferrous phosphate project is in the pilot stage. Based on the chemical fertilizer industry, the company aims to enlarge and strengthen downstream industries such as phosphorus chemical industry; The three raw materials (phosphate rock, sulfuric acid and synthetic ammonia) will be completely self-sufficient, and the profitability of fertilizer business will reach a higher level in the same industry; Extending the industrial chain downstream will bring broad growth space for the company. It is estimated that the compound growth rate of 20 10-20 12 net profit is about 10%, and the corresponding P/E ratio is about 32 times. Liuguo Chemical signed a contract with Sichuan University for the research, production, application and development of iron phosphate and lithium ferrous phosphate technologies. Sichuan University is responsible for researching and developing the production technology of iron phosphate and lithium ferrous phosphate products, using this technology to solve the technical problems encountered in the chemical industrialization of six countries, realizing the continuous, stable and up-to-standard production of this technology in production facilities, and providing the product technical scheme and production line design scheme. The two sides plan to jointly establish a battery-grade phosphate production technology research and development center. Six countries provided 3.6 million yuan for project research, which was entrusted to Sichuan University. The initial cooperation between the two parties this time is 2 years.

The technical director of this cooperative project between Liuguo Chemical and Sichuan University is a leading figure in the field of phosphorus chemical industry in China-Professor Zhong who has been studying phosphoric acid, phosphorus compound fertilizer, phosphorus chemical industry and environmental engineering for a long time. In recent years, Zhong Research Group of Sichuan University has made great progress in the purification route of wet-process phosphoric acid. At present, there are many enterprises producing cathode materials in China, but most of them are lithium cobaltate and lithium manganate. Lithium ferrous phosphate is an ideal material for a new generation of lithium batteries because of its low price, safety, stability and excellent cycle performance. It will become the leading product of cathode materials in China in the future, and has broad application prospects in the fields of power batteries and standby power supplies. In the industrial chain of lithium batteries, cathode materials have the largest market capacity and the highest added value, and lithium ferrous phosphate can account for more than 40% of the cost of lithium batteries.