AEV 0.00% 0.4¢ avenira limited

morocco prod target 10 years away, page-77

  1. 1,771 Posts.
    Interestingly if OCP increase production by 25 million tonnes from 30 million in 10 years....this wouldn't be enough to meet forecasted demand.

    Based upon forecast models by BBY RP demand is expected to increase by at least 33% over current production (by the year 2020). This would be in the order of 50 million tonnes of extra RP demand every year. Take into consideration depletion of resources from sources outside of Morocco....

    For example, Tunisia which currently supplies 8 million tonnes of RP a year has only 11-12 years current economic reserves left....

    DYOR
 
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