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September 28, 2025 | 1 week ago

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Phosphate: China's Asia Potash ready to invest $1.6 billion

Last Thursday, the Algerian Investment Promotion Agency (A.A.P.I.) welcomed a delegation from Asia Potash International Investment (Guangzhou) Co. Ltd., a Chinese company, led by its Vice President, Zeng Yue, according to a statement from the agency.

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The Algerian Investment Promotion Agency (A.A.P.I.), chaired by Omar Rekkache, held a strategic meeting with the Chinese company Asia Potash, focusing on a $1.6 billion integrated industrial project to process phosphate and produce ammonia, urea, and fertilizer using natural gas as a raw material. Discussions focused on feasibility, available local resources, and the project's alignment with Algeria's industrial, energy, and mining priorities.

This project comes amid renewed interest in Algerian phosphate, alongside the $7 billion megaproject now being led by Sonatrach and Sonarem, which aims to develop the Bled El Hadba deposit, with 21 industrial units planned and 30,000 jobs expected by 2030.


Asia Potash, a major player in the potash fertilizer industry in Southeast Asia, aims to expand its activities to Algeria by focusing on a technological and industrial partnership. This meeting could mark a turning point in Algeria's strategy of diversifying and upgrading foreign investment, with the potential for skills transfer, local value creation, and strengthened mining sovereignty.

September 28, 2025 | algeria-logo

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