# PhosCo Reports Major Progress at Gasaat Phosphate Project in Tunisia, Eyes Regional Hub Potential

> PhosCo reported extensive progress at its Gasaat phosphate project in northern Tunisia, with new drilling expanding the DOH discovery and identifying a Sekarna North prospect. Maiden drilling at the KH prospect confirmed thick phosphate mineralization near the proposed plant site, and metallurgical tests produced a premium-grade concentrate.

- Date: 2026-11-02 · published 2026-11-03T09:12:39.560Z
- Category: report · region Tunisia · magnitude low
- Page: https://feedsoft.ai/events/77435-phosco-reports-major-progress-at-gasaat-phosphate-project-in-tunisia-eyes
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md)

## Why it matters

This is an early-stage mining development with no near-term effect on phosphate supply, though a premium concentrate could support fertiliser pricing over the long run. Phosphate and DAP prices are already tight, so the news is a minor, longer-term signal.

## Read by commodity

- DAP: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2025-09-01 | [Morocco’s phosphate sector powers ahead with strong growth in production and exports - The Morocco Post](https://feedsoft.ai/events/23219-morocco-s-phosphate-sector-powers-ahead-with-strong-growth-in-production-and.md) | -0.6% | -3.8% |
| DAP | 2025-05-29 | [Platts to make changes to 5 phosphate assessments effective July 3 \| S&P Global](https://feedsoft.ai/events/24996-platts-to-make-changes-to-5-phosphate-assessments-effective-july-3-s-and-p.md) | +1.7% | +4.8% |
| DAP | 2023-03-24 | [Morocco: Decline in Phosphate Sales - The Maghreb Times !](https://feedsoft.ai/events/37185-morocco-decline-in-phosphate-sales-the-maghreb-times.md) | +0.8% | +4.1% |
| DAP | 2021-09-30 | [New North African phosphate plants - BC Insight](https://feedsoft.ai/events/45381-new-north-african-phosphate-plants-bc-insight.md) | +5.2% | +5.7% |
| DAP | 2023-12-17 | [International Fertilizer Price Report: Nov 2023 Updates and Analysis -](https://feedsoft.ai/events/33042-international-fertilizer-price-report-nov-2023-updates-and-analysis.md) | +0.9% | +3.9% |

## Sources

- tmo-mag.com.tn: https://tmo-mag.com.tn/phosco-reports-major-progress-at-gasaat-phosphate-project-in-tunisia-eyes-regional-hub-potential/

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