# Resources Top 5: Tunisia backs PhosCo in phosphate permit award | Stockhead

> Tunisia's Consultative Committee of Mines approved PhosCo's Gassaat exploration permit, giving it 100% ownership including the Chaketma resource of 146Mt at 20.6% P2O5. PhosCo also signed a non-binding MoU with Tunisian authorities and the EBRD on basin development.

- Date: 2024-11-26 · published 2024-11-26T12:00:00.000Z
- Category: policy · region Tunisia · magnitude low
- Page: https://feedsoft.ai/events/27721-resources-top-5-tunisia-backs-phosco-in-phosphate-permit-award-stockhead
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

This is an early-stage exploration permit with no near-term production, so it has little immediate effect on global phosphate supply or prices.

## Read by commodity

- PHOSROCK: neutral

## Sources

- stockhead.com.au: https://stockhead.com.au/resources/resources-top-5-tunisia-backs-phosco-in-phosphate-permit-award/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.