René Muschter
Research Expert covering Industry & Mobility
Mining industry in Morocco - statistics & facts
Unlike many other countries in the MENA region, Morocco lacks crude oil reserves and relies on imports to meet its petroleum and gas needs. However, the country’s rich phosphate reserves, which account for nearly 70 percent of the world’s supply, provide a crucial advantage. The mining industry has deep roots in Morocco, with modern operations dating back to the 1920s. It plays a pivotal role in the national economy, contributing substantially to the industrial sector’s share of the GDP. So, how diversified is the industry, and what growth opportunities might it offer for the country's future?
