Nauru Phosphate Royalties Trust

Republic of Nauru
Established: 1968
Transparency Rating:N/A
View Sovereign Fund Transaction Data
Asset Allocation Report
Origin: Phosphates
Firm Investment Style: Mixed
Entity Structure: Fund
Pop Est.:
Wealth Per Capita Est.:

Summary
The Nauru Phosphate Royalties Trust (NPRT) invested money from the Nauru Phosphate Corporation.

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.

Main Office

Governance
The money was managed by the the Ministry for the Nauru Phosphate Royalties Trust. It is now managed by the Nauruan Minister of Telecommunications.

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