RESCOM ventured into the Rock Phosphate Business, When India opened itself to the global economy in 1992. RESCOM provides its valued product towards the largest import market, India through its competitive position in trade for close to three decades. The reason towards a great business relationship is a well-suited business proposition with a strong supplier relationship. This along with a superior product and best price for the customers especially from Jordan, brought many customers to RESCOM's business. During the process, the changing market trends had led to a price sensitive market. This in turn made us to look out for an alternative source for the mineral due to better product and cost competitiveness.
Phosphorus ("P") is one of three essential elements in fertilizer production. The other two elements are Potassium (commonly referred to as "potash" when in potassium chloride form) ("K"), and nitrogen ("N"). Phosphorus plays a crucial role in photosynthesis, and is instrumental in growth and energy supply in living organisms, especially plant life. The main source of phosphorous is phosphate rock.
The phosphate ore (commonly 20%-36% P2O5) is mined directly.
Major exporters of rock phosphate are Morocco, Jordan, Senegal, Algeria, Egypt, Togo, Tunisia, etc. Morocco is the largest phosphate rock exporter in the world which along with the rock exporters in the Middle East and North Africa represent almost 75% of the world total world trade. On the other hand, India is the largest importer of phosphate rock, with a share of about 25 percent of the world imports. India imports phosphate rock and phosphoric acid to produce other fertilisers such as DAP and NPK products. The remainder of imports is spread among other countries in Asia, Europe and North America.