• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Tuesday, October 28, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

OCP Group, Fortescue Energy Partner On Fertiliser Supply

by Orjime Moses
2 years ago
in Business
L-R: Chairman and CEO of OCP Group, Mr Mostafa Terrab and Fortescue Executive Chair and Founder, Dr. Andrew Forrest AO, at the JV agreement signing.

L-R: Chairman and CEO of OCP Group, Mr Mostafa Terrab and Fortescue Executive Chair and Founder, Dr. Andrew Forrest AO, at the JV agreement signing.

Share on WhatsAppShare on FacebookShare on XTelegram

A global leader in plant nutrition and phosphate-based fertilizers, OCP Group and Fortescue Energy, a global green energy, metals and technology company, have signed a landmark Joint Venture (JV) deal to supply green hydrogen, ammonia, and fertilizers to Morocco, Europe, and international markets.

Advertisement

The deal also includes the potential development of manufacturing facilities and an R&D hub to advance the rapidly growing renewable energy industry in Morocco.

A statement made available to journalists said Fortescue and OCP Group, leaders in iron ore and phosphate respectively, were united in their goal to reach their emissions reductions targets.

Advertisement

The two firms share a common vision for the pivotal role of green hydrogen and ammonia in forging a sustainable future globally.

According to the standing, the partners have laid out plans for four cornerstone projects in Morocco, including large-scale integrated green ammonia and green fertilizer production capacity,

including renewables, energy generation, electrolysis, ammonification and fertilizer production

RELATED NEWS

Bitget Introduces GetAgent Making Nigeria Traders To Become Market Pro

Firm Supports Maternal Health, Donates Medical Equipment In Lagos

Afreximbank Aims For $250bn Balance Sheet Growth In 10 Years

Amendment: Don’t Weaken Social Insurance Trust Fund Act, Private Sector Warns Lawmakers

Other part of the plans include manufacturing of green technology and equipment; an R&D and Technology Hub to bolster the JV, the ecosystem and other players with research in renewable energy, green hydrogen and minerals processing.

The plan also encompasses collaboration of corporate venture capital funds to drive investment in key technology advancements.

The partners’ objective is to supply green hydrogen and ammonia for use both as sources of green energy and in the manufacture of carbon-neutral and customized fertilizers that are accessible and affordable for farmers around the world.

Responding to the partnership, Chairman and CEO of OCP Group, Mostafa Terra said: “Our strategic partnership with Fortescue is a testimony to our joint commitment to decarbonisation, driving the development of cutting-edge facilities and delivering competitive renewable energy, products and technology.This is a key step towards fulfilling our vision of simultaneously ensuring global food security and combating climate change.”

For his part, Fortescue Executive Chair and Founder, Dr Andrew Forrest said: “Together, Fortescue and OCP will build a world-leading and globally competitive platform to accompany Morocco’s journey into a green energy production, manufacturing, and industrial powerhouse.

“Together, we will be a key originator and green corridor into Europe and to and from the Atlantic basin.Morocco will be a major player in the global energy transition given it is home to some of the world’s most prospective wind and solar resources, two large coastlines, and is in close proximity to Europe and the Americas.

“We are proud to partner with OCP, a global industrial leader, with a shared ambitious commitment to invest in renewable energy, products and technology to reduce global emissions,” he added.

The agreement underlines OCP Group’s and Fortescue’s shared vision to help make Morocco a green energy production, manufacturing, and industrial powerhouse, with significant long-term benefits.

Join Our WhatsApp Channel


SendShareTweetShare

OTHER NEWS UPDATES

Bitget Introduces GetAgent Making Nigeria Traders To Become Market Pro
Business

Bitget Introduces GetAgent Making Nigeria Traders To Become Market Pro

13 hours ago
APM Terminals Confirms $500m Planned  Investment Into Nigeria Economy
Business

Firm Supports Maternal Health, Donates Medical Equipment In Lagos

19 hours ago
Afreximbank Confirms Release Of $3.175bn Syndicated Credit To Nigeria
Business

Afreximbank Aims For $250bn Balance Sheet Growth In 10 Years

19 hours ago
Advertisement
Leadership join WhatsApp

LATEST UPDATE

Majority Of Nigerians Had Lost Confidence In INEC, Judiciary — Peterside

1 hour ago

Edo APC Threatens To Suspend Any Commissioner Without Tinubu Symbolic Cap

4 hours ago

2027: Group Promises 2m Votes For Tinubu, Uba Sani

5 hours ago

‘Abu Ibrahim Risked Jail For Fellow Senators After June 12 Annulment’, Tinubu Hails Ex-Katsina South Senator At 80

5 hours ago

Circuits, Mount Zion, Sozo Films Unite To Revive Iconic Gospel Series ‘Agbara Nla’

5 hours ago
Load More

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.