# PhosCo Estimates $199 Million Initial Investment for Tunisia Phosphate Mine

> PhosCo estimates that developing its Gasaat phosphate project in Tunisia will require $199 million in initial capital, up from $169.5 million in its previous assessment. The updated study forecasts annual output of 1.4 million tonnes of phosphate concentrate over 49 years, and the company is seeking US-backed and other financing.

- Date: 2026-11-09 · published 2026-11-10T06:14:05.709Z
- Category: trade · region Tunisia · magnitude low
- Page: https://feedsoft.ai/events/91120-phosco-estimates-199-million-initial-investment-for-tunisia-phosphate-mine
- Commodities: [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

If developed, the mine could add a long-term source of phosphate raw material, potentially easing supply constraints and weighing on phosphate input costs over time. The project remains at the financing and development stage, so any supply effect is distant.

## Read by commodity

- PHOSROCK: bearish ▼

## Sources

- ecofinagency.com: https://www.ecofinagency.com/news-industry/0911-60646-phosco-estimates-199-million-initial-investment-for-tunisia-phosphate-mine

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