# ALGERIA • French investors eager to find phosphate opportunities in country - 28/08/2018 - Africa Mining Intelligence

> Algeria's mines minister wants to increase domestic phosphate output to support fertilizer production, and French investors are seeking opportunities in the sector. Ferphos's capacity to deliver is uncertain. A new ammonia project in Arzew is also planned.

- Date: 2018-08-28 · published 2018-08-28T12:00:00.000Z
- Category: market · region Algeria · magnitude low
- Page: https://feedsoft.ai/events/63854-algeria-french-investors-eager-to-find-phosphate-opportunities-in-country-28-08
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Expansion plans in Algeria could add phosphate and ammonia supply over the long term, but current capacity is uncertain. The near-term price impact is negligible.

## Read by commodity

- UREA: neutral
- PHOSROCK: neutral

## Sources

- africaintelligence.com: https://www.africaintelligence.com/north-africa/2018/08/28/french-investors-eager-to-find-phosphate-opportunities-in-country,108321204-bre

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