Mississauga, ON -- (SBWIRE) -- 01/25/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Arianne Phosphate To Explore Maritime Collaboration With Rio Tinto"
Companies mentioned in this article include Arianne Phosphate (TSX-Venture:DAN).
The mining sector is finally emerging from some testing times in the last few years. Things are especially looking up in the phosphate mining sector, as demand for fertilizers is showing a revival. It is expected that the phosphate market will see nearly 2 percent annual growth in the near future. These developments bid well for companies such as Arianne Phosphate (TSX-Venture:DAN), which is a Canadian company engaged in developing mining properties with its current main project being the Lac a Paul project in Quebec.
The company announced early this morning that it had inked a new deal with Rio Tinto for exploring the potential of sharing maritime services. Under the terms of the agreement, both companies will engage in further discussions about the prospective use of common carriers for transporting Arianne Phosphate's products to international markets. It is expected that any such arrangement will offer the company more productive and cost efficient method of conducing its business. Arianne Phosphate will also benefit from the potential reduction in transportation costs.
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