Economy
02 Oct 2014
4 min read
More than 5.45 billion dirhams to consolidate Morocco's leadership in the global phosphate market
His Majesty King Mohammed VI, may God assist Him, proceeded, on Thursday at the Jorf Lasfar industrial complex, to the inauguration of the terminal station of the slurry pipeline connecting Khouribga to Jorf Lasfar, the first phosphoric acid plant supplied by phosphate pulp and an Industrial Skills Centre, completed for a total investment of more than 5.450 billion dirhams (MMDH).
Initiated by the Office Chérifien des Phosphates (OCP) group, these flagship projects constitute a new illustration of the Sovereign's desire to support the group's innovation and industrial development initiatives, its ecosystem and its African partners, to accompany its industrial strategy and, thus, to consolidate the Kingdom of Morocco's leadership in the global phosphate market.A true technological revolution, the Khouribga-Jorf Lasfar Slurry pipeline system (4.5 billion dirhams) is revolutionising the transport of phosphates and profoundly transforming the Group's industrial value chain, by evolving phosphate transport into a fully integrated mode between the Khouribga mining site and the Jorf Lasfar industrial site.38 million tonnes of phosphate will thus be transported to the processing units in Jorf Lasfar. This integration from the upstream to the downstream of the value chain…
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