Morocco is one of the most politically, economically and socially stable countries in Africa and has been for many decades. Its mining history dates back to the Phoenicians (1500 to 350 BCE), with its first modern mines opening in the 1920s. Morocco’s main public institutions for geological infrastructure, exploration and mining were also created at that time, many of which still exist.
Today, Morocco is implementing strategic initiatives to modernise its mining sector, diversify from its dependence on phosphate mining, and commit to sustainable practices. This creates opportunities for Australian METS companies to offer new solutions and services, or partner with Moroccan and international organisations on new mining projects.
Australian METS companies are highly regarded in Morocco. By leveraging expertise in technology, sustainability and innovation, Australia can play a pivotal role in supporting Morocco’s mining industry transformation, fostering mutual economic growth and development.
A major contributor to economic growth
The mining sector directly contributes to Morocco’s trade balance and plays a significant role in socioeconomic development, including in isolated regions. The sector accounts for up to 10% of Morocco’s GDP and around 30% of total exports. It employs nearly 40,000 people and generates investments of A$1.7 to A$3.4 billion per year.
Phosphate mining is the largest contributor to the sector, with Morocco having 70% of the world’s phosphate reserves. The significant reserves of cobalt, tin, and smaller deposits of other minerals and metals present an opportunity for Morocco to diversify its mineral exports. The Moroccan Government plans to raise revenue from non-phosphate mining by A$1.4 billion by 2030.
Morocco’s protections and incentives for international miners
Morocco is working to attract investment in its mining industry. The laws governing mining have been amended several times to encourage private initiative and the development of a national industry.
For investors, Morocco offers comprehensive legal protections and transparent and attractive tax frameworks. Income and corporate taxes are paid to the state. Mining taxes imposed on mining permits are set by decree. They are low and payable when mining titles are issued or renewed.
The Government has also put in place “special investment contracts” for international investors who are proposing the development of major projects. These contracts allow for tax incentives, infrastructure support, and fast-tracking of formalities, among other incentives.
Not just sand: Morocco has 70% of the world’s phosphate reserves, and significant deposits of cobalt, tin, and other minerals and metals.
Morocco Mining Plan 2021–2030
The Morocco Mining Plan 2021–2030 (MMP) is a comprehensive strategy aimed at increasing the sector’s contribution to the national economy. The strategy aims to boost investment, enhance value-added production, and foster innovation. A key aim of the MMP is diversification from traditional resources. This addresses challenges such as discovering new deposits, increasing the added value of extracted materials, and ensuring the sector’s sustainable development.
The plan focuses on developing the mining supply chain, encouraging the use of local expertise, and promoting partnerships with international firms to introduce advanced technologies.
The MMP sets ambitious targets and emphasises the importance of responsible mining. This aligns with Morocco’s broader sustainability agenda, including stricter environmental regulations and incentives for green mining initiatives.
The MMP also encourages the launch of international tenders prioritising the digitalisation and modernisation of the mining sector and mining data. The National Office of Hydrocarbons and Mines is promoting exploration and partnership opportunities.
Mining code under review
Morocco is also undertaking a comprehensive review of its mining code to attract more investments and enhance effective governance. The proposed reform includes establishing a robust national mining record to improve transparency and track licences and concessions. This will include stricter penalties for illegal mining activities and measures to prevent conflicts of interest among government officials involved in licensing.
Morocco’s Minister of Energy Transition and Sustainable Development, Minister Benali, has also emphasised sustainability in pursuit of decarbonisation. This is not just for environmental reasons, but to also:
- promote good governance and transparency
- support communities
- protect workers
- prevent child labour.
The country has attracted significant investments in electric vehicle battery production and processing, reflecting its dedication to green strategies and responsible mining.
International Mining Congress 2025
The International Mining Congress (IMC) 2025 will be held in Morocco from 24–26 November. It is an opportunity for Australian METS companies to explore potential collaborations and connect with ministers, heads of mining companies, service providers, and regulatory authorities.
Last year’s IMC brought together government leaders, top mining companies, and industry experts to discuss the future of mining in Morocco. Several Australian companies were present, including Fortescue, Atlantic Tin, IMDEX and Worley.
Panellists referred to Australia as a key partner in the expansion and ‘value-upscaling’ of Morocco’s mining industry. Australian METS companies were acknowledged for their innovation and high ESG standards, including through their support for local communities, and strong expertise and experience in mining education and training.
For more information on IMC 2025, contact Austrade’s METS team.
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