First Independent Mena Newspaper
Morocco is set to start extracting uranium from its huge phosphate deposits, enabling the country to position itself as a key player in the global Uranium industry, according to press reports. Uranium is primarily used as fuel in nuclear reactors, where its atoms are split to produce vast amounts of energy. Extracted from phosphoric acid, […]
The demand for reliable electric batteries is surging as technology develops towards more use of lithium iron phosphate cathode (LFP) instead of the rare and more expensive nickel-based cathodes. Morocco has 70% of the world’s proven phosphates reserves and has in recent months attracted investments by major Chinese EV battery producers. While cathodes make up […]
Morocco sits on tremendous uranium reserves thanks to its world’s largest phosphates deposits that could help the country power its desalination plants and export surplus, the Middle East Institute said. The paper, by Michael Tanchum, recalls that 73% of the world’s phosphate rock reserves contain an estimated 6.9 million tons of uranium, that compares to […]
Morocco’s trade balance continues to benefit from higher prices of phosphates and derivatives with sales up 81% to 68.7 billion dirhams by July, the foreign exchange office said. Morocco, which has the world’s largest phosphates reserves, has positioned itself as a major fertilizer producer expanding its market share in the wake of the export restrictions […]
Amid a global shortage in fertilizers and their inputs because of the COVID-19 pandemic, and the suspension of traditional supplies from Eastern Europe, many countries have expressed interest in Morocco’s fertilizer products, including Bangladesh, Brazil, Japan, Peru… Bangladesh is planning to import 40,000 tons of DAP (di-ammonium phosphate) fertilizer from Morocco’s phosphates and fertilizers producer, […]
Thev Polisario separatists and their lobbyists in New Zealand have been slammed by an Auckland High Court ruling, accusing them of abusing the country’s legal system to serve a foreign agenda, according to the European information portal “EU Political Report”. The decision even called into question the reasons behind the separatists’ insistence on abusing New […]
The Moroccan state-owned OCP group has maintained its leading position as the world first exporter of phosphates although its market share decreased from 38 pc to 34 pc between January & September 2019, but in phosphoric acid, the Group remains the biggest worldwide exporter, with a 49 pc global market share. In 2019, OCP exported […]
North Africa boasts the world’s richest phosphate reserves, most of which is located in Morocco but Algerian and Tunisian soil have significant untapped potential. Algeria has long dreamt to develop phosphates-related industries through the setting up of fertilizers plants in Annaba and developing the eastern phosphate cluster in the Tebassa region. However due to multiple […]
Morocco is preparing for the launch of a new mining strategy that aims at creating 30,000 additional jobs and raising the exploration budget to 4 billion dirhams as well as revenues by 15 billion dirhams in six years, energy minister Aziz Rebbah said in Marrakech. The minister said that his department will launch soon Morocco’s […]
The Polisario has incurred a new setback in its legal maneuvers against Morocco after the Kingdom’s phosphate company, OCP, restored ownership of a 55,000 tons of phosphates rock unlawfully held in South Africa following a legal challenge by the Polisario. The cargo on board Cherry Blossom was seized in South Africa since May 2017 after […]