News flash
- Morocco’s Competition Council has approved the formation of a 50:50 joint venture between Australia’s Fortescue and local based fertiliser producer OCP Group.
- This venture aims to develop a major renewable energy, green hydrogen, and ammonia production in Morocco.
The project, first announced in April, is designed to provide green hydrogen, ammonia, and fertilisers to Morocco, Europe, and other international markets. The initiative involves setting up large-scale facilities for producing green ammonia and fertilisers, as well as renewable power plants to supply the necessary electricity. The plan also includes the development of green technology and equipment, along with establishing a technology hub near Marrakech for research and development in renewable energy, green hydrogen, and mineral processing. Read more
Author: Bryan Groenendaal
