27 January 1920
Nationalization of Moroccan phosphate
General Lyautey, who was a Resident-General of France in Morocco since the establishment of the protectorate in 1912, was aware of the exceptional nature of Moroccan phosphate deposits and decided to entrust its exploration and exploitation to the "Makhzen" alone to prevent foreign powers or entities from taking control of a resource that he knew to be of prime importance.
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