TIA CONGRATULATES PHOSCO ON GASSAAT PERMIT APPROVAL

#TIA CONGRATULATES #PHOSCO ON GASSAAT PERMIT APPROVAL AND COMMITS TO SUPPORTING THE REALIZATION OF THESE STRATEGIC PROJECTS

The Tunisia Investment Authority (#TIA) extends its warm congratulations to #PhosCo Ltd (ASX: PHO) on the approval of the Gassaat Phosphate Exploration Permit by the Consultative Committee on Mines (CCM) and the signing of a Memorandum of Understanding (MOU) with the Ministry of Industry, Mines and Energy and the European Bank for Reconstruction and Development (#EBRD).

A Milestone for Tunisia’s Northern Phosphate Basin

The Gassaat project, which includes a mineral resource estimate of 146 Mt @ 20.6% P₂O₅, is a cornerstone for the development of Tunisia’s Northern Phosphate Basin.

TIA’s Commitment to Investment Facilitation

As a key enabler of investment, the TIA reaffirms its dedication to:

•Supporting and assisting investors in navigating the regulatory and operational landscape.

•Collaborating with national and international stakeholders to transform opportunities into impactful projects.

•Ensuring sustainable and inclusive growth by fostering local participation and regional development.

The TIA is proud to join national efforts in advancing strategic initiatives like Gassaat and looks forward to supporting the realization of projects that contribute to Tunisia’s economic development, community empowerment, and global sustainability goals.

#Tunisia #Investment