U.S. Show New Interest in Tunisian Phosphate

Good news — Flash Radio shares this positive update with you. The United States is pursuing a new strategic project to strengthen its critical mineral sovereignty, targeting Tunisia's phosphate resources. The U.S. Embassy in Tunis launched, on October 30, 2026, an initiative funded by Washington and led by CrossBoundary. This initiative aims to attract American investors in the development of PhosCo's phosphate deposits, the Australian company operating sites in Tunisia's phosphate basin. The goal is to mobilize private capital, create jobs, and integrate Tunisian resources into the supply chain. ⏱️ 1 min read. Facts and recent developments. At the heart of this initiative is the Gasaat project, located in the Kasserine governorate, where PhosCo has identified 166.6 million tons of phosphate rock, with an average grade of 20.6% phosphorus pentoxide. This deposit, in the development phase, could become a pillar of the Tunisian industry. The embassy emphasized that this two-year program fits into the U.S. strategy to diversify supply chains for strategic minerals, while strengthening economic cooperation with Tunisia. This initiative adds to the projects planned by the U.S. Department of State, including a funding of up to $1.54 million to attract over $100 million in private investments. If Tunisian phosphate becomes a key player in the global competition for critical resources, this collaboration opens the door to deeper cooperation between the two countries by 2028. ⚡ Key points ▸ At the heart of this initiative is the Gasaat project, located in the Kasserine governorate, where PhosCo has identified 166.6 million tons of phosphate rock, with an average grade of 20.6% phosphorus pentoxide. ▸ This initiative adds to the projects planned by the Department of State.