OCP forsees further phosphate market improvement in coming years

By James Sean Dickson
Published: Tuesday, 14 October 2014

L’Office Cherifien des Phosphates stands to benefit from the projected phosphate market expansion, with its large scale projects competing well with other producers on reserves and production costs.

Moroccan state-owned L’Office Cherifien des Phosphates is anticipating phosphate market improvement in the coming years, in concurrence with analysts who predict a market recovery by 2016, according to a research note by the Oxford Business Group (OBG).

The 94% Moroccan state-owned company is aiming to open three new...

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