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Home » Economy » Morocco’s Erfoud to Host Its First Ever International Mining Expo

Morocco’s Erfoud to Host Its First Ever International Mining Expo

mohamed-amine-benaboubymohamed-amine-benabou
Jun, 06, 2019
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Rabat – Morocco’s oasis town Erfoud in the Drâa-Tafilalet region will host the 1st International Drâa-Tafilalet Mining Conference (DTMC).

The conference, which will take place on September 23-24, is the regions “prominent mining, fossils and meteorites exhibition & conference,” says the official website.

The conference will gather “top mining executives, representatives of regional executive authorities, investors, banks, industry associations, service companies, and equipment producers.”

Run by Spire Events, the leading global events company specializing in mining and energy conferences and expos, under the sponsorship of Morocco’s Ministry of Energy, Mines and Sustainable Development as well as the Drâa-Tafilalet Regional Council, the world-class event expects to draw a turnout of over 700 attendees and 250 delegates.

Read also: SDG Gender Index Ranks Morocco 88th out of 129 Countries

According to Daniel Radziszewski, the Managing Director of Spire Events, the event “will tap on our extensive global expertise and experience to deliver an invigorating and world-class event.”

It will also welcome more than 30 exhibitors and over 25 guest speakers, aiming to exhibit the potential of the Draa-Tafilalet region and to attract national and international mining stakeholders, investors, banks, and service providers.

Choosing the region of Draa-Tafilalet for its richness in Barite, the event will hold a separate two-day conference, free-to-attend exhibitions, and post-conference site-tours connecting worldwide companies and investors to explore an untapped market.

The mining industry accounts for 10 percent of Morocco’s Gross Domestic Product (GDP). Besides cobalt, copper, silver, and gold, the country’s phosphates production makes up 90 percent, making Morocco the leader in the extraction and processing worldwide, accounting for 73.5 percent of the world’s 68 billion tons of total phosphate reserves.

Latest figures released in September 2018 show that in 2017 the industry earned Morocco 56.5 billion in revenue, and created 41,000 direct job positions.

The findings show that Morocco ranks the second most attractive market in the MENA region after Saudi Arabia.

Read also: The Conference of European Rabbis Asks for Kippah Emojis

Tags: international mining expoMoroccan mining
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