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Ellis' discovery of phosphate excited John T. Arundel of the Pacific Islands Company and the company decided to pursue rights and access to Nauru's lucrative resource. The negotiations to pursue rights to the phosphate involved four parties: the British and German governments, the newly reorganised Pacific Phosphate Company, and Jaluit-Gesellschaft (a German mining company that had been ...
The effects of phosphate mining in Nauru have had significant negative impacts on the island's environment and economy. [1] One of the most prominent effects of the phosphate mining in Nauru is the extensive environmental degradation that has occurred as a result of the extraction of phosphates. [ 2 ]
The Nauru Rehabilitation Corporation is a state-owned enterprise established by the Republic of Nauru in May 1999, following the passing of the Nauru Rehabilitation Corporation Act in July 1997. Its primary mission is to rehabilitate land destroyed by the phosphate industry , both before and after its independence, making them once again ...
Republic of Nauru Phosphate Corporation This page was last edited on 15 June 2023, at 17:28 (UTC). Text is available under the Creative Commons Attribution ...
The Nauru Island Agreement forged in 1919 between the governments of the United Kingdom, Australia, and New Zealand provided for the administration of the island and extraction of the phosphate deposits by an intergovernmental British Phosphate Commission (BPC). [35] [41] The terms of the League of Nations mandate were drawn up in 1920. [35] [42]
In the early years of the Nauru Phosphate Royalties Development Trust, it financed the construction of two of five high-rise luxury condos in Hawaii (on the island of Oahu). The five towers (two completed as of October 2005) are on prime Honolulu real estate with ocean views and represent a benchmark in Honolulu luxury high-rises.
The British Phosphate Commissioners (BPC) was a board of Australian, British, and New Zealand representatives who managed extraction of phosphate from Christmas Island, Nauru, and Banaba (Ocean Island) from 1920 until 1981. [1] Nauru was a mandate territory governed on behalf of Nauru by Australia, Britain and New Zealand.
Map of Nauru Tree map of Nauru. The economy of Nauru is tiny, based on a population in 2019 of only 11,550 people. [12] The economy has historically been based on phosphate mining. With primary phosphate reserves exhausted by the end of the 2010s, Nauru has sought to diversify its sources of income.