Mining contributes 10% to national income: Moroccan Deputy Minister of Energy - Daily News Egypt - News Summed Up

Mining contributes 10% to national income: Moroccan Deputy Minister of Energy - Daily News Egypt


Ali El Melouky, the head of mining at the Moroccan Ministry of Energy and Sustainable Development and deputy minister of Energy, said that the mining sector currently accounts for 10% of the total income of the kingdom. “With the application of a strategy for developing the sector, we aim to take the share of the mining sector to about 15% of the total national income by 2025,” he added. He noted that Morocco’s production of minerals was estimated to be 36m tonnes last year, as crude phosphates accounted for 90% of the kingdom’s total production, as total phosphates production reached nearly 32m tonnes last year. The kingdom exports phosphates as a crude material, in addition to phosphoric acid and fertilisers. The kingdom of Morocco launched a strategy to develop its resources from the mining field in 2009, with a cost estimated to be DH 200bn, an equivalent of $20bn.


Source: Daily News Egypt November 27, 2018 21:22 UTC



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