PhosCo Advances Gasaat Amid Global Phosphate Supply Tightness
PhosCo (ASX: PHO) continues to progress its Gasaat Phosphate Project in Tunisia, positioning it as a large-scale, low-cost fertiliser asset with strong long-term potential. Recent drilling and trenching at the KM and SAB deposits confirmed thick, high-grade mineralisation, supporting upcoming maiden resource estimates and enhancing early project economics. Additionally, drilling at the DOH prospect indicates a discovery of significant scale, reinforcing further growth potential.
The project already hosts a substantial resource base of 146.4 million tonnes, underpinning a long mine life and supporting ongoing optimisation studies ahead of a feasibility phase. Solid financial support, including newly secured funds and participation from the European Bank for Reconstruction and Development, is driving ongoing progress in the project’s development.
Globally, phosphate markets are tightening due to geopolitical disruptions, including export restrictions and supply chain constraints in key regions. This environment highlights the strategic importance of projects like Gasaat, which benefits from favourable logistics and proximity to major markets, strengthening its role in future fertiliser supply.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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PhosCo Advances Gasaat Amid Global Phosphate Supply Tightness
PhosCo (ASX: PHO) continues to progress its Gasaat Phosphate Project in Tunisia, positioning it as a large-scale, low-cost fertiliser asset with strong long-term potential. Recent drilling and trenching at the KM and SAB deposits confirmed thick, high-grade mineralisation, supporting upcoming maiden resource estimates and enhancing early project economics. Additionally, drilling at the DOH prospect indicates a discovery of significant scale, reinforcing further growth potential.
The project already hosts a substantial resource base of 146.4 million tonnes, underpinning a long mine life and supporting ongoing optimisation studies ahead of a feasibility phase. Solid financial support, including newly secured funds and participation from the European Bank for Reconstruction and Development, is driving ongoing progress in the project’s development.
Globally, phosphate markets are tightening due to geopolitical disruptions, including export restrictions and supply chain constraints in key regions. This environment highlights the strategic importance of projects like Gasaat, which benefits from favourable logistics and proximity to major markets, strengthening its role in future fertiliser supply.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au