Tunisia's Qarșāyn Phosphate Under 146 Million Ton Test

Vesco, a British-Australian company, has announced an investment project in the Qas'at area of Kasserine in Tunisia, aimed at exploiting phosphate resources estimated at around 146.4 million tonnes, with potential for resource expansion through exploration. The deposit features a stratigraphic thickness of up to 13 meters and a linear extension of approximately 1,300 meters. It is similar in characteristics to the deposits in the Gafsa phosphate basin, with an average phosphorus pentoxide content of about 20.6%. The project is expected to produce between two and three million tonnes annually, generating revenues ranging from $300 million to $450 million per year, depending on market prices and costs. This project presents an opportunity to revitalize Tunisia's phosphate sector, but it also raises concerns that it might become a "mining pocket" that simply exports raw material without adding value domestically. This underscores the need to establish an integrated industrial chain to ensure Tunisia's sustainable economic benefit from its resources.

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