Exhibition time: 17-19 March, 2025 Shanghai, China 中文 中文

News Center

         Exhibition News | Industry News | Comments

Home > News Center > Industry News

Industry News

World’s Top 10 Phosphate Mining Production Countries

release time:2021-08-24

QWE.jpg

Key words of the passage: phosphate; production; worldwide


Agricultural resources phosphate and potash are primarily used to produce fertilizer for crops and animal feed supplements. Only 5% of world production of these resources is used in other applications, which include construction, soaps and detergents. According to the US Geological Survey’s most recent mineral commodities report, global phosphate production grew in 2018, despite reduced output from the US, which was still recovering from the power outages and flooding caused by Hurricane Irma. The tropical storm, which battered Florida in 2017, adversely affected companies engaged in the mining and processing of phosphate rock and phosphate fertilizer production in the state.

 

US phosphate mining capacity is projected to remain relatively steady between 2018 and 2022, and projected growth of the worldwide phosphate mining market is expected to be 14%. In 2020, phosphate-mining production is expected to grow by 2% through 2020. Most growth will be focused in North Africa and the Middle East, while new mines in Florida and Southeast Idaho will replace current mining operations at established phosphate deposits. And these are the countries that produced the most phosphate over the past two years:

QWR.jpg



1. China — The country’s phosphate mining production decreased in 2018 to 140 million metric tons (MT) from 144 million MT in 2017, which is likely a result of Beijing’s environmental crackdown on the mining industry. There has also been speculation in the past that China’s phosphate production in 2017 may have been overstated. The country also has the second largest phosphate reserves in the world with 3.2 billion MT stored. The future of Chinese production remains a concern as the country’s mining and processing industry deals with environmental compliance fees, higher production costs and shutdowns due to environmental and water pollution concerns.

 

2. Morocco — Despite producing significantly less (33 million MT) than China in 2018, with 50 billion MT stockpiled, the region has the largest phosphate reserves, accounting for over 70% of the global number. Morocco produced 30 million MT of phosphate last year.

 

3. United States — in 2018, US phosphate mining decreased, dropping by almost 1 million MT to 27 million MT from the previous year. The top phosphate-producing states, Florida and North Carolina, accounted for over 75% of domestic output. The other 25% of US production came from Southeast Idaho and Utah. The majority of the phosphate rock mined in the US is used for manufacturing phosphoric acid and superphosphoric acid. These types of wet-process phosphate products are used for things such as animal feed supplements. About half of this type of phosphate is exported in the form of merchant-grade phosphoric acid, granular diammonium and monoammonium phosphate fertilizer.

 

4. Russia — Russia’s phosphate output slipped slightly to 12.5 million MT in 2018 after jumping back to its 2015 highs of 13.3 million MT in 2017. As per the US Geological Survey, the country has 600 million MT of phosphate in reserve. Health concerns over cadmium, which is a heavy metal and a carcinogen, could be creating further opportunities for the phosphate mining industry in the country. Proposed fertilizer requirements out of the

 

5. Jordan — The country’s phosphate mining output grew slightly from 8.6 million MT in 2017 to 8.8 million MT in 2018. Jordan’s phosphate reserves stand at an estimated 1 billion MT. The country’s sole state-owned phosphate producer, Jordan Phosphate Mines Company (JPMC), signed six new agreements with Indian firms in February 2018. The agreements and memorandums of understanding will allow JPMC to export 3 million MT of phosphate to India between 2018 and 2022. JPMC also signed a memorandum of understanding with the government of Bangladesh in 2017 to export 270,000 MT of phosphate and phosphoric acid over three years. Another Jordan-focused producer is Arab Potash Company, a privately owned company in which China’s SDIC holds a stake.

 

6. Brazil — In 2018, the country produced 5.4 million MT of phosphate, an increase from the 5.2 million MT it produced in 2017. Brazil has a booming agricultural sector and is the fifth largest fertilizer consumer; demand in the country is expected to grow twice as fast as the rest of the world from now until 2025. Vale is the country’s largest producer of phosphate and nitrogen. In 2018, the company was responsible for an environmental disaster when its iron ore dam ruptured, leaking mining waste into a nearby river and waterways.

 

7. Saudi Arabia — The country produced 5.2 million MT of phosphate last year, an increase from 2017’s output of 5 million MT. The country is sitting on 1.4 billion MT of phosphate reserves. A Saudi Arabian mining company chief executive told Reuters that the company expected to ramp up production in 2018 at its Waad al-Shamal facility, with a plan to reach full capacity by 2019. The company has been working with Fluor on this facility, with Fluor providing project management consulting to further develop the project. Production of merchant-grade acid and fertilizer commenced as of August 2017. The project is expected to be one of the world’s largest phosphate mining facilities.

 

8. Egypt — The country’s phosphate mining production grew slightly to 4.6 million MT in 2018 from the previous year. In 2016, it was reported that Egypt would gain a new phosphate plant, although no news has been released on it since. According to the US Geological Survey, Egypt’s phosphate reserves now sit at 1.3 billion MT, whereby more of those reserves may be tapped into over the next few years as the country builds a new phosphate industrial zone in Aswan. It will also expand the Safaga Port.

 

9. Israel — Israel saw a slight rise in phosphate mining production to 3.9 million MT in 2018. As a major firm involved in fertilizer production in the country, Israel Chemicals (ICL) said in 2018 that it intended to invest “tens of millions of dollars in the coming years in entrepreneurial initiatives, innovation and development of agricultural technologies.” The firm believes this strategy will improve its competitiveness in the minerals space. It came at a time when the company had announced a new change in leadership.

 

10. Vietnam and Tunisia — 10th spot is a tie between Vietnam and Tunisia, which both produced 3.3 million MT of phosphate in 2018, replacing Peru on the list. While both nations produced the same amount in 2018, their reserves are vastly different: Vietnam has a stockpile of 30 million MT, while Tunisia is storing 100 million MT in its reserves. The environmental impact of mining has been an ongoing issue in the Vietnamese mining industry with concern over coal and bauxite dominating the discussion. When it comes to selecting the top phosphate mining stocks for investors, as with any extracted commodity, concern over environmental impact must be weighed along with other pros and cons of investing in phosphate mining. However, because the vast majority of phosphate production goes to promoting and nurturing crop growth, investors looking to reconcile their environmental efforts with mining sector investment can look to phosphate companies that are helping to feed the globe.

Source: PhosphatePrice.com


肥料展--英文.jpg