Title: Morocco and Western Sahara: Mining, Minerals and Fuel Resources
Headings: Morocco and Western Sahara: Mining, Minerals and Fuel Resources
Morocco and Western Sahara: Mining, Minerals and Fuel Resources
Topics Covered
Welcome to Morocco and Western Sahara
Overview of Resources
Industrial Minerals
Metals
Fossil Fuels
Investment
Sources

Content: Investment
Morocco hopes to attract international investors and establish global joint ventures through plans to introduce a new mining law in 2013, which will likely boost its mining industry. Experts feel that Morocco has the potential for mining silver, zinc, cobalt and magnesium. Recent reports on phosphates highlight the fact that the world will soon find itself running out of this commodity. At present about 15% of phosphate is obtained from the mines in Western Sahara and Morocco and the shortage of this will to a large extent affect the agricultural sector of Brazil and India. The government also hopes to attract international investments to boost its petroleum and naturals gas sectors, introduce new mining reform programs and privatize specific mining assets owned by the state. In the coming years, the output of zinc, silver and lead is expected to decline due to decrease in the number of reserves. The production of tin will increase only if Kasbah Resources decides to operate the Achmmach Mine. On the whole, the production of phosphate will continue to dominate Morocco’s mineral industry, and with this increase in phosphate output and developments in the mining and mineral sectors, the country is expected to see a major development in its economic growth rate in the coming years. Disclaimer: The Author of this article does not imply any investment recommendation and some content is speculative in nature.