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OCP Group, through its subsidiary Uranext, plans to recover uranium from phosphoric acid, targeting 400,000 pounds of uranium concentrate in 2026 and 1.7 million pounds by 2029. The project still has to prove it can turn a profit and clear regulatory and industrial hurdles.
This is a byproduct recovery project with little direct effect on phosphate fertilizer supply or prices, so its impact on feed and crop markets is minimal.
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