# Moroccan Potash Hopeful Wins London. Now It Has to Build Mine |

> Potash developer Emmerson Plc's shares surged 62 percent on their first day back on the London Stock Exchange after raising 6 million pounds through a share sale. The company is building the Khemisset potash mine in Morocco and is targeting a supply deal with OCP, the world's largest phosphate rock producer, with output planned from mid-2022.

- Date: 2018-06-04 · published 2018-06-04T12:00:00.000Z
- Category: market · region Morocco · magnitude low
- Page: https://feedsoft.ai/events/64841-moroccan-potash-hopeful-wins-london-now-it-has-to-build-mine
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A new potash source in Morocco would be a long-dated addition to global supply, but the mine is years from production and the project is still unfunded, so there is no near-term price effect for feed buyers.

## Read by commodity

- POTASH: neutral

## Sources

- capitalmarketsinafrica.com: https://www.capitalmarketsinafrica.com/moroccan-potash-hopeful-wins-london-now-it-has-to-build-mine/

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