Spur Ventures (TSX:SVU,  OTC:BB-SPVEF) is a natural resource company headquartered in Vancouver, Canada.  The Company's main focus is the development of two joint venture phosphate fertilizer projects in China, the world's largest fertilizer market, through its wholly-owned subsidiary, Spur BVI.

The first, Yichang Maple Leaf Chemicals (YMC), involves

• The development of two of China's largest undeveloped phosphate deposits (approximately 60 million tonnes), with an approved yearly mining of 2 million tonnes, and
• The eventual construction of two world-scale, flexible phosphate fertilizer plants with total planned production of approximately 1.2 million tonnes per annum.

The second, Yichang Spur Chemicals (YSC), is an existing compound phosphate fertilizer plant, which is being expanded to produce mono-ammounium phosphate (MAP) fertilizers for the domestic Chinese market. 

Both YMC and YSC are located near Yichang City in Hubei Province, China.

Spur is also examining opportunities to use its balance sheet resources to pursue potential strategic investments in natural resource projects in low risk jurisdictions.  The Company is looking to leverage its extensive experience in both agriculture and base and precious metals to create value for shareholders.

GROWING WITH CHINA

China is the world’s largest fertilizer market representing over one-third of global demand in nitrogen, phosphate and potash. China needs to increase its food production by 35% by 2015 to be able to feed its increasing population and this can only be accomplished through the use of high quality seeds and proper, balanced fertilization.