Mining industry of Morocco
Open-knowledge reference entry
The mining industry of Morocco is important to the national economy. Morocco is the world's largest producer of phosphate, and contains about 75% of the world's estimated reserves. Mining contributed up to 35% of exports and 5% of GDP in 2011. Foreign investors have found the investment climate, the infrastructure, fiscal situation, and political stability very favorable to continue business in the country in this sector.
History
Morocco has an ancient history of extraction of minerals for enhancing its economy. The technical know-how developed early on, particularly in the copper industry and manufacture of steel, which were spread by the Muslims of Spain and southern France to Europe.
In 1920, mineral extraction was reported in the Rif in the area of Melilla, where there were three iron mines as well as one working lead and zinc ore. The most important of these was the Compañía Española de Minas del Rif S.A., working large superficial masses of specular hematite. Setolazar Company, working the Navarrete mine, had an extensive concession estimated to contain more than 4 million tons of iron ore. The Compania Norte Africano had a monthly output of 200 tons of lead ore from pockets near the surface, in addition to calamine estimated to contain 40% zinc.
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This entry incorporates text from “Mining industry of Morocco” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.