# Morocco to Launch New Mining Strategy, Aims to Create 30,000 New Jobs | Mining Connection — The Link For All Your Mining Resources

> Morocco's energy minister said at the Marrakech Mining Convention that the country will soon launch a new mining strategy. The plan targets 30,000 new jobs, a higher exploration budget and 15 billion dirhams in additional revenue over six years. Phosphates made up more than 90% of Morocco's 2017 mining output of 35.11 million tonnes.

- Date: 2019-04-23 · published 2019-04-23T12:00:00.000Z
- Category: policy · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/59934-morocco-to-launch-new-mining-strategy-aims-to-create-30-000-new-jobs-mining
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

A planned expansion of Morocco's phosphate sector would support long-term supply, which is a key source of global phosphate fertiliser. The strategy has no immediate price effect.

## Read by commodity

- PHOSROCK: neutral

## Sources

- miningconnection.com: https://miningconnection.com/surface/news/article/morocco_to_launch_new_mining_strategy_aims_to_create_30000_new_jobs

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