# New central African phosphate development on the horizon

> AIM-listed Kropz may bring its Elandsfontein phosphate operation in South Africa into production in early 2020, targeting 850,000 to 1 million tonnes per year. The company is also developing a project in the Republic of Congo and aims for 3 million tonnes per year of phosphate rock within five years.

- Date: 2019-05-14 · published 2019-05-14T12:00:00.000Z
- Category: report · region South Africa · magnitude low
- Page: https://feedsoft.ai/events/59401-new-central-african-phosphate-development-on-the-horizon
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Future rock supply growth from new projects is a long-term bearish factor for phosphate rock prices, but has no near-term effect on the market.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- miningreview.com: https://www.miningreview.com/magazine-article/african-phosphate-development/

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