Phosphate: The next wealth of Iraq
31/10/2011 14:57

Baghdad / Orr News
Form of the announcement of the discovery of huge reserves of phosphate in the desert province of Anbar, the western signs new returns to the diversity of the Iraqi economy for the next period and not confined to oil and gas. The adoption of Iraq since the beginning of the discovery of oil in the early thirties of the last century for the metal in the national and imports by 95% made ​​the search for other alternatives to diversify Iraq's resources Mokhtsah concern of researchers and economists.
The discovery of the U.S. Geological Survey huge amounts of phosphate and of good quality in the Anbar region, estimated reserves to 5.75 billion tons to put Iraq's second country in the world, after Morocco, the amount of the reserve and that 9% of global reserves, although these data were the result of the concerted efforts of the Geological Survey and the competent Iraqi authorities on a map of the non-oil resources in the prospect of diversifying the sources of the Iraqi economy, which relies heavily on oil production. The Iraqi government plans to use this article in order to direct its exports to the countries of Asia, which would give the site of Iraq's second-largest reserves in the world of this article after the strategy of Morocco.

Promised a number of House members invest phosphate to achieve investment projects huge, despite the constraints of a large, as seen by the Commission on oil and energy parliamentary Furat al-Shara said that the phosphate of important metals used in agriculture to enhance vegetative propagation, pointing out that there are complex problems standing in front of the production This metal is the laws which preserve the hydrocarbon wealth, which does not allow farmers to create projects or the establishment of agricultural compounds, in order to preserve what exists beneath the surface of the earth, what caused the clashes between those who want to extract the metal and does not want to extract, in order to preserve the spaces provided.

Shara added that there is a phosphate of the luxuries, not necessities, and this thinking is wrong because it will generate significant benefits to the economy and to achieve the revenue generated by the oil from the funds of the country.

And at the same A member of the Council on the list of the Alliance of Kurdistan Bayazid Hassan said projects of natural resources is running high workforce, which would reduce unemployment, noting that the Iraqi constitution did not allow the opportunity for investment of minerals other than oil and gas, so it was better to adopt the Ministry of Industry of all Investments related to the mineral resources in collaboration with local and foreign firms because of its capital and high technologies. Hassan said that the investment of phosphate depends primarily on the availability and qualifications of the Ministry of Industry and techniques for such projects and it is the only authorized implementation.

And member of the relevant committee in the House of Representatives Fayad, after political stability was addressed to development and investment of all petroleum products including phosphate, which is (9%) of the world's reserves. He went Fayad said the state's work on the investment of wealth and natural mineral and the introduction of modern methods was necessary attention and follow up on this subject.

And recorded in recent years increasing attention of the world to search for metal phosphate, which enters in the manufacture of phosphate fertilizers and compound fertilizers, due to the increase in global demand due to increased demand for food and the emergence of the food crisis. And established Iraq under the former regime complex project Akashat of phosphate fertilizers in the city of Qaim, which was considered of strategic projects in Iraq and includes a unit for the concentration of phosphate transferred from Akashat by railway and a production capacity of 1.7 million tonnes per year with a unit for the production of sulfuric acid production capacity of an annual 1.5 million tons depending on the sulfur Mishraq south of Mosul.