ETG Group eyes $2 billion urea plant in northern Mozambique

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Export Trading Group plans to build a urea fertilizer factory in northern Mozambique. The project carries an estimated cost of 2 billion US dollars. The facility will utilize natural gas from local reserves. This move comes as fertilizer prices increase globally.

Export Trading Group plans a US$2 billion natural‑gas‑based urea fertilizer factory in Mozambique, aiming to tap local gas reserves amid rising global fertilizer prices.

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