Nauru Phosphate Royalties Trust
|Republic of Nauru||—|
View Sovereign Fund Transaction Data
Asset Allocation Report
Firm Investment Style: Mixed
Entity Structure: Fund
Wealth Per Capita Est.:
Back in the early 1900s, phosphate mining began in Nauru and by 1975 more than 1.5 million tons were being exported. The newly independent government of Nauru acquired phosphate mining rights from Australia for A$ 21 million in 1970.
By 2001, phosphate exports plummeted.