Morocco and Australia launch a vast green fertilizer production and export project
This article was automatically translated from HIBAPRESS, the Arabic version:
This article was automatically translated from HIBAPRESS, the Arabic version:
Heba Press
The Office Cherif Phosphate (OCP) group has received agreement from the Moroccan government to create a joint company and an industrial complex with the Australian energy group Fortescue.
The new company will specialize in the annual production of 3 million tonnes of green phosphate fertilizers and their export to Europe.
This project is expected to help increase Morocco’s fertilizer exports to reach a value above $2 billion.
Last April, Fortescu announced that it had entered into a partnership with the Office Chérifien des Phosphates to supply green hydrogen, ammonia and fertilizers to the Moroccan, European and international markets, as part of its desire to become a major player in the green energy sector. .
The equal partnership between Fortescu and Bureau Chérifien includes the development of new industrial facilities and a research and development center in Morocco.
This partnership aims to provide green hydrogen and ammonia to be used to generate green energy and produce carbon-neutral fertilizers and others with distinct properties.