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Moroccan Spinout Fluoralpha Secures $110M+ to Transform Phosphate Waste into EV and Semiconductor Materials

Fluoralpha, a spinout of Mohammed VI Polytechnic University (UM6P), has raised over USD 110 million from Bank of Africa to build a large-scale facility at Jorf Lasfar. The plant will convert hexafluorosilicic acid (H₂SiF₆) — a byproduct of phosphate processing — into fluorine-based materials for EV batteries and chips.

The project is part of a USD 280 million investment plan, with Fluoralpha targeting production of:

  • 20,000 tons/year of anhydrous hydrofluoric acid (AHF), key for semiconductors and lithium battery salts

  • 28,000 tons/year of aluminum fluoride (AlF₃), vital for aluminum smelting efficiency

CEO Jalil Skali emphasized Morocco’s ambition to become a global hub for fluorine products, reducing reliance on imported fluorspar and strengthening industrial sovereignty.

This aligns with Morocco’s broader goal of leveraging its status as holder of 70% of global phosphate reserves to lead in critical raw materials for green and digital industries.

Backed by Bank of Africa, Fluoralpha aims to supply European gigafactories and semiconductor fabs, positioning Morocco at the heart of future-focused supply chains.

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Written by Grace Ashiru

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