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Which country is the largest producer of phosphate?

Which country is the largest producer of phosphate?

10 Top Phosphate Countries by Production

  1. China. Mine production: 90 million MT.
  2. Morocco and Western Sahara. Mine production: 37 million MT.
  3. United States. Mine production: 24 million MT.
  4. Russia. Mine production: 13 million MT.
  5. Jordan. Mine production: 9.2 million MT.
  6. Saudi Arabia. Mine production: 6.5 million MT.
  7. Brazil.
  8. Egypt.

What country does phosphate come from?

Phosphate reserves are found in Africa, North America, Kazakhstan, the Middle East and Oceania but the world’s largest deposits are located in Morocco, which is also one of the global leaders in phosphate extraction.

Where is phosphate mined in the world?

These are mined in Brazil, Canada, Finland, Russia, South Africa and Zimbabwe. Phosphate rock is mined mostly by surface methods using draglines and bucket wheel excavators for large deposits and power shovels or earthmovers for smaller deposits. Underground mines use the room-and-pillar method, similar to coal mining.

Who exports the most phosphorus?

While nearly 30 countries produce phosphate rock, China, the United States and Morocco are the largest producers, together accounting for two-thirds of world production. Morocco alone accounts for more than 30 percent of global exports.

Which country ranks first in phosphate manufacturing?

China
Phosphate Fertilizer Production

# 64 Countries Last
1 #1 China 2019
2 #2 United States 2019
3 #3 India 2019
4 #4 Russia 2019

Who owns the phosphate mines in Morocco?

Government of Morocco
OCP Group

Industry Phosphates, Chemicals
Revenue US$5.884 billion (2018)
Net income US$586.42 million (2018)
Owner Government of Morocco (95%)
Number of employees ≈ 23,000

How do I invest in phosphate?

One way investors can invest in phosphate is by buying shares of an exchange-traded fund that includes exposure to phosphate. The VanEck Agribusiness ETF (ARCA:MOO) is one example. However, most market participants choose to invest directly in phosphate-focused companies..

Who produces the most phosphate in the world?

FACTBOX-World’s top five producers of phosphate

  • China 50 4,100.
  • US 30.9 1,200.
  • Morocco, West Sahara 28 5,700.
  • Russia 11 200.
  • Tunisia 7.8 100.

Which phosphate fertilizer is leading in the world?

The most commonly used phosphatic fertilizers are Diammonium Phosphate (DAP), Monoammonium Phosphate (MAP), NPKs, and SSP. DAP is the world’s most widely used phosphorus fertilizer. It is popular due to its relatively high nutrient content and its excellent physical properties.

How much money does Morocco make from phosphate?

With 72% of global reserves, Morocco is the world’s largest phosphates exporter and last year its state-owned phosphates company OCP reported revenue of 56.1 billion dirhams.

Can I invest in phosphorus?

The U.S. company will have the right to purchase up to 35% of the annual phosphate rock output to supplement its domestic phosphate rock production.

Which is the largest phosphate producing country in the world?

China’s phosphate-mining production decreased in 2019 to 110 million MT from 140 million MT in 2018, but it is still first on the list of top phosphate production by country. The drop in Chinese output is likely a result of the nation’s environmental crackdown on the mining industry.

How much phosphate did China produce in 2017?

Looking further back, there has been speculation that China’s phosphate production in 2017 may have been overstated. According to industry analysts, the country produced just 85 million MT in 2017 instead of the 144 million MT reported by the government.

What are the uses of phosphate in the world?

Only 5% of world production of these resources is used in other applications, which include construction, soaps and detergents.

Who are the leading exporting countries in the world?

Leading export countries worldwide China led the world in exports in 2019. China was followed by the United States, with exports valued at 1.64 trillion US dollars, and Germany, with exports valued…