
PhosCo reported results from an updated scoping study for its Gasaat phosphate project in Tunisia, which considers an open-pit mine and processing facility to produce phosphate concentrate for export. The company cautioned that the study is preliminary, has an accuracy range of about ±35%, and does not establish Ore Reserves or guarantee the production targets can be achieved.
If developed, the project could add phosphate concentrate supply, but the preliminary study and remaining evaluation mean any market impact is distant and uncertain.
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