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Indian firm boosts mining investments in Morocco

Indian firm boosts mining investments in Morocco

An Indian company, Sri Priyanka Geo Commex Limited (SPGCL), has begun commercial production at its mineral valorization unit in Morocco, aiming to enhance the added value of mined minerals, especially barite, through processing and valuation operations near extraction sites. The unit's production capacity reaches 72 thousand tons annually, utilizing gravity separation technology to improve raw ore quality and concentration. This move is part of the company's strategy to develop an integrated activity in Morocco, encompassing extraction, valorization, transportation, and international marketing, with the goal of controlling different stages of the value chain and increasing profits from mineral exports. These investments come within the framework of the company's expansion, which recently acquired a barite mine and has started copper exploration efforts, seeking to strengthen its presence in the international market and achieve greater value addition to its mineral materials.

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