Simple phosphate binding to a mineral surface is an equilibrium process but exactly how long it takes to reach equilibrium, I'm not sure. Not too long though.
But if you somehow precipitate something else on top of the coated particles, such as calcium carbonate, it might be a nonequilibrium process in the time frame you are interestesd in.
This has some good data:
https://d1wqtxts1xzle7.cloudfront.n...ZffScbI9XQ__&Key-Pair-Id=APKAJLOHF5GGSLRBV4ZA
Figure 1 shows that over a few hours, calcium carbonate is precipitating onto fresh aragonite surfaces.
Figure 3 shows mostly rapid adsorption of phosphate onto aragonite from seawater
"The results of our adsorption and desorption kinetics study indicate that calcium carbonate can act as both a source and sink of phosphate in natural waters. The rapid adsorption and desorption of phosphate is similar to the chemisorption reported by Stumm and Leckie (1970) in their phosphate kinetics studies."
"
Our kinetic measurements show that the rates of adsorption and desorption are quite fast (30 min). Up to 80% of the adsorbed phosphate is released from calcium carbonate over one day. The amount of PO4 left on the CaCO3 is close to the equilibrium adsorption."