Abstract
In a context dominated by the rivalry between Spain and Morocco for the Western Sahara, the Spanish state, through the Spanish National Institute of Industry (INI), decided in 1969 to continue with the project initiated by Enminsa in the mining extraction centre of Bu-Craa by creating a new company: Fosbucraa. In this paper, I intend to analyze the financial and technical difficulties of Fosbucraa went through, its business strategy in the phosphate world market and the harmful consequences that the fast withdrawal of Spain from Sahara had on society. I argue that, despite solving all their problems in a short period of time, the development of the company was thwarted due the armed conflict between Morocco and the Polisario Front, and the beginning of a period marked by the fall in international prices of phosphate, which caused the paralysis of the mining activity in the following years.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
