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Agriculture

Phosphate fertilizer

Phosphate rock mining, phosphoric acid, and DAP/MAP fertilizers.

Morocco rock exports & acid plants

Key chokepoints

  • Moroccan phosphate rockMining

    Morocco controls a large share of exportable rock.

    Related tickers: MOS

  • Phosphoric acid & DAP/MAPProcessing

    Sulfur and ammonia co-inputs tie margins to energy.