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India plans to set up a phosphate processing plant in Morocco

 Last Update: 2023-02-01
 Source: Internet
 Author: User

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Recently, Mansukh Mandaviya, Minister of Health and Minister of Chemicals and Fertilizers, said that India will work towards an agreement
to build a phosphate processing plant in Morocco.

Mandaviya said Morocco has a clear advantage in phosphate fertilizer production, with more than 70% of the world's phosphate ore reserves, from which phosphorus for fertilizers is extracted
.
Unlike other resources such as fossil fuels, phosphorus is irreplaceable
.
Morocco plans to add 8.
2 million tons of phosphate fertilizer capacity by 2026, and currently produces about 12 million tons per year, which will greatly ease the tight supply in the market
.

At present, Indian companies are exploring the possibility
of setting up a plant in Morocco specializing in the production of diammonium hydrogen phosphate and compound fertilizer.
Morocco Phosphate Group will also cooperate with Indian companies in the field of phosphate processing to strengthen Morocco's position
in the Indian phosphate fertilizer market.

India's demand for fertilizers is about 43.
5 million tonnes, with potash completely dependent on imports
, according to India's Ministry of Chemicals and Fertilizers.
In recent years, the annual import volume of fertilizers in India is 2.
4 million ~ 4.
7 million tons, of which about 60% of diammonium phosphate is imported
.

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