Phosphate is essential to all forms of life and needs replenishing in cultivated land where soils become depleted. Such is the critical importance of phosphate in agriculture that 40% of the world’s food production is linked directly to fertiliser use.
Listed on the ASX (PHO), and lead by a management team with extensive experience in advancing and backing resource projects in Africa, Asia and Australia, PhosCo is well positioned to capitalise on the growing demand for rock phosphate and fertiliser.
PhosCo’s ultimate aim is to assemble a district-scale phosphate portfolio to support a potential world-class fertiliser hub, employing local people and attracting international funding.
Tunisia is a North African country conveniently located on Europe’s doorstep and close to export markets.
PhosCo's plan to assemble and develop Tunisia's Northern Basin, in partnership with the community, involves three exploration permit applications. The most advanced of these projects is Gassaat, located in the Kasserine region and encompassing the former Chaketma project, including interpreted extensions of the deposit.
World population will climb to
9 billion by 2050.
extra mouths to feed
by 2050.
Phosphate declared
critical commodity,
by both US & EU.
90% of the world’s
phosphate reserves come
from just 5 countries.
The phosphate price has risen sharply in recent times demonstrating just how vulnerable it is to any tightening in the market.
The restriction of exports by China, hurricane damage production issues in the US, and supply constraints in Morocco and Russia have all put upwards pressure on prices.
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