# ETHIOPIA/MOROCCO • OCP to mine Ethiopian phosphate - 22/02/2019 - The Indian Ocean Newsletter

> Africa Intelligence reports that Morocco's OCP, the world's largest phosphate exporter, plans to mine phosphate in Ethiopia. The article is brief and describes the project as upcoming. No volumes or timelines are given in the text.

- Date: 2019-02-22 · published 2019-02-22T12:00:00.000Z
- Category: trade · region Ethiopia · magnitude low
- Page: https://feedsoft.ai/events/60933-ethiopia-morocco-ocp-to-mine-ethiopian-phosphate-22-02-2019-the-indian-ocean
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

Future Ethiopian output would add to long-term phosphate supply, but it is too distant to move current prices.

## Read by commodity

- PHOSROCK: neutral

## Sources

- africaintelligence.com: https://www.africaintelligence.com/eastern-africa-and-the-horn/2019/02/22/ocp-to-mine-ethiopian-phosphate,108346040-art

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