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Mining in Morocco
is dominated by one key element: phosphates.
With an estimated 70% of the worlds
phosphate resources, Morocco is the largest
global producer and largest exporter of
the multi-use mineral according to the French
Ministry of Foreign Affairs. From agriculture
to industry, the versatile rock is an ingredient
in a wide range of applications, including
fertilizers, livestock feed, food preservatives
and laundry detergents.
The nations
phosphate sector is managed by the Office
Chérifien des Phosphates (OCP), which
accounts for the bulk of both mined ore
and the production of its derivatives and
thrives on forging strategic alliances to
maintain its pole position in the industry.
In May, OCP
signed a Memorandum of Understanding (MoU)
with the Libya-Africa Investment Portfolio.
The partnership will create a $350-million
phosphoric acid production plant in the
chemical platform of Jorf Lasfar, as well
as a $500-million ammonia production plant
in Libya and a $150-million fertilizer plant
in either Morocco or Libya. These facilities
will turn Jorf phosphate hub into a world
benchmark in the phosphate fertilizers industry.
Casablanca-based
OCP has a number of major joint ventures
with international partners, including both
medium and long-term delivery agreements
and the construction of production facilities
at home and abroad. North American partners
include Canadian-based PCS and Agrium, as
well as U.S. firms Agrifos, Innophos, and
Mosaic of Minneapolis a leading producer
of phosphate-based fertilizers. Belgian
firm Prayon was one of OCPs first
mining production partners in the 1980s,
and Brazilian, German and Indian companies
followed suit.
Earlier this
year, OCP signed an MoU with Phu My Fertilizers
of Vietnam and also inked an MoU with four
Indonesian companies to construct an integrated
complex for phosphoric acid production in
Morocco and a plant to produce ammonia and
phosphate fertilizers in Indonesia.
The state-owned
enterprise currently seeks to modernize
the industry while maintaining an emphasis
on environmental standards. OCP is
aware of the need to reposition and liberalize
the mining sector to make it more globally
competitive, says Mhamed Ibnabdeljalil,
the companys Worldwide Sales and Marketing
Director. The government has already
passed the law to transform OCP into a private
company. This change of status will give
us a new and different way of operating
and will give us the flexibility to develop
more responsively to global competition.
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