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Australian company PhosCo estimates that its Gasaat phosphate project in Tunisia will require an initial investment of $199 million, up from $169.5 million in an earlier study. The updated preliminary assessment projects annual output of 1.4 million tonnes over a 49-year mine life, and comes as the United States has expressed interest in supporting the project.
If developed, the mine would add a long-term source of phosphate concentrate and support efforts to diversify fertilizer raw-material supply. The project is not yet producing, so any price effect would be indirect and limited for now.
agenceecofin.comNov 9, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
