Guizhou-based Wengfu (Group) Co Ltd, a State-owned enterprise dealing in phosphorus and chemicals, is pressing ahead with its expansion in the Middle East, in its bid to utilize opportunities presented by China’s Belt and Road Initiative. The company was founded in the 1990s, and has since mastered phosphorus mining technology, which helps it in extracting
Chinese Scientists Warn of Current Phosphorus Overuse and Potential Depletion within the Next 35 Years
China’s reserves of phosphorus, a key element for growing food, could be exhausted within the next 35 years if the country maintains its current production rate, a new study has found. However, China could delay exhausting its phosphorus reserves by more than 20 years through improving agronomic use efficiency of the mineral to the average
Jordan Phosphate Mines Co. signed a memorandum of understanding on Monday [15 September 2014] with China’s Chongqing Minmetal and Machinery Import and Export Co. Ltd. to build a factory for producing fertilizers in Aqaba in south of Jordan, the state-run Petra news agency reported. The development of the factory will initially cost 350 million U.S.
During the Afro-Chinese Investment Forum, Mr. Terrab asserted that the fertilizer industry is the most appropriate for joint investment by the Office Charifians Des Phosphates and China and provided data to justify his claims, according to the same source. Mr. Terrab revealed that Africa needs more than 20 million tons of fertilizer which necessitates the