• Phosphorus is scarce and exists only in limited quantities, in certain geological formations. Not only are we running out of it, it also pollutes the environment.
  • The history of phosphorus spans its discovery in guano to current global supply chains. Today, a handful of countries control most of the world’s reserves of phosphorus. This is a major geopolitical concern. The world’s largest reserves are in Morocco and the Western Sahara region. 
  • Only six countries have substantial cadmium-free phosphorous reserves. Of them, China restricted exports in 2020 and many EU countries no longer buy from Russia. So the market for safe phosphorus has suddenly exploded.