# A rock to both the NZ and Moroccan economies

> Phosboucraa Foundation and company officials visited New Zealand to promote OCP's mining operations in Southern Morocco. They noted that Ravensdown and Ballance have bought phosphate rock from the region for about 40 years.

- Date: 2020-03-26 · published 2020-03-26T12:00:00.000Z
- Category: trade · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/54419-a-rock-to-both-the-nz-and-moroccan-economies
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The article is largely corporate messaging about long-standing supply relationships, with no new change in phosphate rock flows or prices.

## Read by commodity

- PHOSROCK: neutral

## Sources

- ruralnewsgroup.co.nz: https://www.ruralnewsgroup.co.nz/rural-news/rural-agribusiness/a-rock-to-both-the-nz-and-moroccan-economies

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