LMAO =))
2-yrs later...
http://www.magharebia.com/cocoon/awi/xhtml1/en_GB/features/awi/newsbriefs/general/2008/06/03/newsbrief-07
Morocco takes measures to cut phosphate prices
2008-06-03
Morocco's Office Cherifien des Phosphates (OCP) plans to increase production and cut the rising price of phosphates, OCP General Director Mostafa Terrab announced on Monday (June 2nd). Using an estimated $4m in investment, Morocco plans to increase phosphate production from 30 to 55 million tonnes per year. Terrab said the measure is expected to bring phosphate prices down from the current $300 per tonne to $100. Morocco owns an estimated 50 to 71% of the world's phosphate reserves.
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