Sustainable Phosphate

Our Vision

PhosCo is assembling a district-scale phosphate portfolio in Tunisia's Northern Phosphate Basin to support a potential world-class fertiliser hub.

Rising demand from a growing world

Phosphate is essential to all forms of life and needs replenishing in cultivated land where soils become depleted.  Such is the critical importance of phosphate in agriculture that 40% of the world’s food production is linked directly to fertiliser use.

Listed on the ASX (PHO), and lead by a management team with extensive experience in advancing and backing resource projects in Africa, Asia and Australia, PhosCo is well positioned to capitalise on the growing demand for rock phosphate and fertiliser.

PhosCo’s ultimate aim is to assemble a district-scale phosphate portfolio to support a potential world-class fertiliser hub, employing local people and attracting international funding.

Strategically Located

Tunisia is a North African country conveniently located on Europe’s doorstep and close to export markets.

PhosCo continues meaningful engagement with the Tunisian government regarding the status of the most advanced project, Chaketma, following the denial of an application for a Mining Concession as announced 3 January 2023.  In consultation with the Tunisian Ministry of Industry, Mines & Energy, the Chaketma project company (CPSA) has applied for a new Exploration Permit over Chaketma, mirroring the original permit boundary.

Phosphate market

The phosphate price has risen sharply in recent times demonstrating just how vulnerable it is to any tightening in the market. 

The restriction of exports by China, hurricane damage production issues in the US, and supply constraints in Morocco and Russia have all put upwards pressure on prices.