Morocco
Overview
Overview
The mining sector plays a significant role in the Moroccan economy, and the country is known for its appreciable mineral deposits including phosphate, zinc, copper and other minerals. After China, Morocco is the world’s largest producer of phosphate rock, a mineral primarily used in fertiliser production.
The country has an established mining industry and a range of modern processing and refining facilities for a variety of minerals. In addition, Morocco’s proximity to the major consumer markets, relative domestic political stability, and high levels of integration into global value chains have helped to attract foreign direct investment into the country’s mining and renewable energy sectors.
Key green minerals
Major mining
projects
Processing capacity and value-addition initiatives
Processing capacity and value-addition initiatives
Accelerated by foreign and domestic investments, Morocco’s economy has undergone significant structural transformation, which has positioned the country as regional investment hub. The country is a major global producer of phosphate rock, and the domestic mining sector plays an important role in the country’s economy providing jobs, contributing to GDP, and accounting for significant exports.
More specifically, Morocco is the world’s second largest producer of phosphate rock, an essential ingredient for fertilisers and the production of lithium-iron-phosphate batteries. Given the country’s existing infrastructure and industrial capacity, it is well positioned to expand its production of phosphate rock. Moreover, the country’s mix of a well-developed automotive sector, its geographical proximity to major markets, and its industrial expertise, position Morocco as a potential hub for regional and global supply chains related to critical minerals.
