# Morocco seeks to extract and process a wider variety of mineral resources - Africa 2020 - Oxford Business Group

> Morocco is diversifying its mining sector beyond phosphates under a revamped regulatory framework and new promotion efforts. Mining accounts for about 10% of GDP and 20.9% of exports, with phosphates making up roughly 90% of extraction.

- Date: 2020-03-18 · published 2020-03-18T12:00:00.000Z
- Category: policy · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/54420-morocco-seeks-to-extract-and-process-a-wider-variety-of-mineral-resources
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

This is a long-term structural story about Morocco's mineral strategy, with no immediate impact on phosphate supply or prices for feed and fertiliser buyers.

## Sources

- oxfordbusinessgroup.com: https://oxfordbusinessgroup.com/reports/morocco/2020-report/economy/below-ground-mineral-producers-are-digging-for-more-than-phosphates

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