Prime Minister Mokhtar Ould Agay presented before the National Assembly the government’s 2025 performance review and 2026 outlook, emphasizing natural resource exploitation as a sustainable economic development driver.
Phosphate from Boufal Mine
The Prime Minister confirmed success in advancing the mining sector, noting completion of the factory installation phase at the Boufal phosphate mine and initiation of preparations for experimental production. This project marks a strategic step to diversify Société Nationale Industrielle et Minière (SNIM) production, which exceeded its 14.7 million ton target in 2025.
It will boost value addition and strengthen exports under a policy transforming raw wealth into finished products.
Uranium, Clinker, and Rare Earths
The speech stressed strict compliance by companies holding active exploitation licenses for uranium, clinker, and other minerals, including rare earths within “other minerals.” Over 30 licenses were revoked in 2025 for regulatory non-compliance.
These measures protect national interests and attract committed investors, reinforcing sovereignty over strategic resources like uranium for future nuclear energy.
Petroleum and Gas Resources: Bir Allah Field
Sustained efforts continued for Bir Allah field development, with advanced negotiations to identify a suitable developer. This fits a national gas strategy where the GTA project exported 3 million m³ of LNG in 2025, generating $33.8 million for the National Fund.
Rigorous follow-up on MoUs with interested companies is crucial for converting these resources into economic growth engines.
| Resource | 2025 Review | 2026 Outlook |
|---|---|---|
| Bir Allah | Advanced developer negotiations | Final investment decision |
| GTA (Gas) | 3M m³ exported | Export expansion |
Banda-Tifwit Project
2026 is expected to reach the final investment decision phase for Banda-Tifwit development, paving a new era in national gas resource exploitation. Preparations advanced significantly in 2025.
This project opens export and local energy prospects while upholding strategic partnerships for national benefit.
These achievements reflect the government’s commitment to economic diversification and maximizing natural resource returns, as stated in the full speech.
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