Phosphate

Africa Mining: Algeria Signs $6 Billion Phosphate Expansion Deal

Posted on by Mozambique Resources Post
Africa Mining: Algeria Signs $6 Billion Phosphate Expansion Deal

Algeria has entered into a $6 billion phosphate JV deal with a Chinese firm to build a phosphate plant in Tebessa province. The JV deal is between Algeria’s state-run firm Sonatrach, Algerian firms Manal and Asmidal and Chinese state-owned consortium CITIC Group Corp.

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Africa Mining: World’s first marine phosphate mining project approved in Namibia

Posted on by Mozambique Resources Post

The Namibian Ministry of Environment and Tourism (MET) has approved the marine phosphate mining application from an Omani mining company, paving the way for the opening of the world’s first ever sea-bed phosphate mining project.

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