In April 2024, we announced a landmark strategic joint venture with OCP Group to create a green energy hub in Morocco to supply green hydrogen, ammonia, and fertilisers to Morocco, Europe and the international markets.
Our partnership with OCP Group Morocco focuses on four key areas:
Why Morocco?
Ideally Located, Rich in Energy
Morocco is poised to become a major player in the global energy transition. The country is home to some of the world’s most promising wind and solar resources and benefits from two large coastlines that provide direct access to Europe and Asia. This strategic geographical and economic positioning offers a robust platform for the multi-decade development of a green industry in North Africa, with the potential to become a Global Green Energy Superhub.
Our partnership with OCP Group, one of the world’s largest phosphate mining companies, presents a unique opportunity for Fortescue to advance its green energy ambitions across multiple sectors, including generation, production, manufacturing, and export. Both Fortescue and OCP are fully aligned in our commitment to sustainability, not just in Morocco, but globally. Together, we are driving forward a new era of green energy, ensuring that our initiatives bring long-term benefits to the environment, the economy, and communities around the world.
Green Corridor
Together, Fortescue and OCP will build a world-leading and globally competitive platform to accompany Morocco's journey into a green energy production, manufacturing, and industrial powerhouse. We will be a key originator and green corridor into Europe and to and from the Atlantic basin.
Dr Andrew Forrest AO
Fortescue Executive Chair and Founder