In the Murmansk region implemented an ambitious and extremely important for the Russian industry for the production of fertilizer project — the development of apatite-nepheline ores "Deer Creek". The main goal — to create a new source of raw materials to meet the shortfall of phosphate raw materials in Russia. «North-Western Phosphorous Company" is implementing the project "Deer Creek" from scratch.
Total investment in the project are U.S. $ 1 billion. Disbursed investment for the period from 2006 to September 30, 2011 amounted to U.S. $ 300 million.
November 4, 2011 will go down in the history of JSC "North-Western Phosphorous Company" as the beginning of open pit mining at the deposit Deer Creek.