2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp ("Brazil Potash" or the "Company") (NYSE-American: GRO) a mineral exploration and development company with a potash mining project today announced that its subsidiary Potássio do Brasil Ltda has awarded a contract for fauna rescue services to Ecology Suporte Ambiental e Engenharia ("Ecology Suporte") This contract represents a critical environmental milestone that advances the Autazes Potash Project toward construction following the February approval for vegetation suppression activities announced previously The agreement covers comprehensive fauna management activities required prior to vegetation modification in designated project areas in full compliance with environmental authorizations granted by the Amazonas Environmental Protection Institute (IPAAM) and safely relocate native wildlife to suitable habitats ensuring biodiversity conservation throughout the construction process "This contract marks another significant step forward in our responsible development of the Autazes Project," said Adriano Espeschit "Ecology Suporte has extensive experience serving both public and private sector clients across the Amazon region and we're confident they will ensure these critical activities are conducted with the highest standards of care and compliance." The initial phase will focus on fauna management in priority areas including the mine followed by work in other project areas including the processing plant All activities will be conducted according to detailed service orders aligned with Brazil Potash's comprehensive environmental management program Brazil Potash (NYSE-American: GRO) (www.brazilpotash.com) is developing the Autazes Project to supply sustainable fertilizers to one of the world’s largest agricultural exporters Brazil is critical for global food security as the country has amongst the highest amounts of fresh water and an ideal climate for year-round crop growth but it is vulnerable as it imported over 95% of its potash fertilizer in 2021 despite having what is anticipated to be one of the world’s largest undeveloped potash basins in its own backyard The potash produced will be transported primarily using low-cost river barges on an inland river system in partnership with Amaggi (www.amaggi.com.br) one of Brazil’s largest farmers and logistical operators of agricultural products With an initial planned annual potash production of up to 2.4 million tons per year Brazil Potash’s management believes it could potentially supply approximately 20% of the current potash demand in Brazil Management anticipates 100% of Brazil Potash’s production will be sold domestically to reduce Brazil’s reliance on potash imports while concurrently mitigating approximately 1.4 million tons per year of GHG emissions This press release includes forward-looking statements which are statements that are not historical facts “anticipates” “believes” and “intends” or similar expressions are intended to identify forward-looking statements including statements relating to the fauna rescue contract and the Brazil’s agricultural industry are subject to risks and uncertainties many of which are beyond the control of the Company including those described in the “Risk Factors” section of the Company’s annual report on Form 20-F for the fiscal year ended December 31 and the supplemented PREP prospectus filed in each of the provinces and territories of Canada Readers are cautioned not to place undue reliance on any of these forward-looking statements These forward-looking statements speak only as of the date hereof The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events conditions or circumstances on which any statement is based Contact:Brazil Potash Investor Relationsinfo@brazilpotash.com Brazil Potash (NYSE-American: GRO) has reached a significant environmental milestone for its Autazes Potash Project by awarding a fauna rescue contract to Ecology Suporte Ambiental e Engenharia The agreement follows February's vegetation suppression approval and enables further site preparation activities The contract encompasses comprehensive fauna management operations ensuring compliance with environmental authorizations from the Amazonas Environmental Protection Institute (IPAAM) and relocate native wildlife to appropriate habitats during the construction process The initial phase will prioritize fauna management in the mine later expanding to other areas including the processing plant All activities will align with Brazil Potash's environmental management program Brazil Potash (NYSE-American: GRO) ha raggiunto un importante traguardo ambientale per il suo Progetto Potassio Autazes affidando un contratto di salvataggio della fauna a Ecology Suporte Ambiental e Engenharia L'accordo segue l'approvazione della soppressione della vegetazione avvenuta a febbraio e consente ulteriori attività di preparazione del sito Il contratto comprende operazioni complete di gestione della fauna garantendo il rispetto delle autorizzazioni ambientali rilasciate dall'Istituto per la Protezione Ambientale dell'Amazonas (IPAAM) cattureranno e trasferiranno la fauna selvatica nativa in habitat adeguati durante il processo di costruzione La fase iniziale darà priorità alla gestione della fauna nelle aree della miniera Tutte le attività saranno in linea con il programma di gestione ambientale di Brazil Potash Brazil Potash (NYSE-American: GRO) ha alcanzado un hito ambiental significativo para su Proyecto de Potasa Autazes al adjudicar un contrato de rescate de fauna a Ecology Suporte Ambiental e Engenharia El acuerdo sigue a la aprobación de supresión de vegetación en febrero y permite avanzar con las actividades de preparación del sitio El contrato abarca operaciones integrales de manejo de fauna asegurando el cumplimiento de las autorizaciones ambientales del Instituto de Protección Ambiental de Amazonas (IPAAM) capturarán y trasladarán la fauna nativa a hábitats adecuados durante el proceso de construcción La fase inicial priorizará la gestión de fauna en las áreas de la mina Todas las actividades estarán alineadas con el programa de gestión ambiental de Brazil Potash Brazil Potash(NYSE-American: GRO)는 Autazes Potash 프로젝트에서 중요한 환경적 이정표를 달성하며 Ecology Suporte Ambiental e Engenharia에 야생동물 구조 계약을 체결했습니다 이 계약은 2월에 승인된 식생 제거에 이어 현장 준비 작업을 진행할 수 있게 합니다 Brazil Potash (NYSE-American : GRO) a atteint une étape environnementale importante pour son Projet Potasse Autazes en attribuant un contrat de sauvetage de la faune à Ecology Suporte Ambiental e Engenharia Cet accord fait suite à l'approbation de la suppression de la végétation en février et permet de poursuivre les travaux de préparation du site Le contrat comprend des opérations complètes de gestion de la faune garantissant le respect des autorisations environnementales de l'Institut de Protection de l'Environnement de l'Amazonas (IPAAM) captureront et relogeront la faune native dans des habitats appropriés pendant la construction La phase initiale donnera la priorité à la gestion de la faune dans les zones de la mine Toutes les activités seront conformes au programme de gestion environnementale de Brazil Potash Brazil Potash (NYSE-American: GRO) hat mit der Vergabe eines Vertrags zur Rettung von Fauna an Ecology Suporte Ambiental e Engenharia einen bedeutenden umweltbezogenen Meilenstein für sein Autazes Potash Projekt erreicht Die Vereinbarung folgt auf die Genehmigung der Vegetationsbeseitigung im Februar und ermöglicht weitere Vorbereitungsarbeiten auf dem Gelände Der Vertrag umfasst umfassende Faunamanagementmaßnahmen und stellt die Einhaltung der Umweltgenehmigungen des Amazonas-Umweltschutzinstituts (IPAAM) sicher Spezialisierte Teams werden während des Bauprozesses heimische Wildtiere identifizieren einfangen und in geeignete Lebensräume umsiedeln Die Anfangsphase konzentriert sich auf das Faunamanagement in den Bereichen Mine Alle Aktivitäten stehen im Einklang mit dem Umweltmanagementprogramm von Brazil Potash Brazil Potash's fauna rescue contract represents a sequential milestone in the company's steady advancement toward construction of its Autazes Potash Project Following February's vegetation suppression approval this environmental compliance step enables critical site preparation work to continue in priority areas including the mine this development demonstrates Brazil Potash is methodically clearing regulatory hurdles in Brazil's environmentally sensitive Amazon region - a crucial consideration for mining projects where permitting delays often cause significant setbacks The timeline progression suggests the company is maintaining momentum through Brazil's complex permitting process a firm with established regional expertise reflects appropriate prioritization of environmental compliance and biodiversity conservation This focus on proper environmental management aligns with ESG considerations essential for maintaining social license to operate in the region this represents incremental progress rather than a transformative development The update confirms continued project advancement but provides no financial details The Autazes Project maintains strategic importance for Brazilian agriculture potentially reducing the country's 95% dependency on potash imports but this particular milestone primarily confirms the project remains on its expected development path rather than signaling a fundamental change to value creation timelines Already have an account? Login It looks like nothing was found at this location Archaeological clearance is a key milestone and allows Brazil Potash to begin critical site preparation activities for future shaft sinking Fauna Rescue and Vegetation Suppression expected to create local job opportunities for communities in Urucurituba Village (“Brazil Potash” or the “Company”) (NYSE-American: GRO) a developer and builder of Brazil’s largest potash fertilizer project announced today that its subsidiary Potássio do Brasil Ltda (“Potássio do Brasil”) has received approval to begin Fauna Rescue and Vegetation Suppression activities in the mine area of the Autazes Potash Project (the “Project”) This represents an important milestone in the Project’s installation phase as it will allow for the subsequent excavation of two deep shafts to access the underground potash mine The scope of work was planned and designed by Potássio do Brasil in accordance with the Environmental Licenses issued by the Amazonas State Environmental Protection Agency which authorizes the Company to perform the Project’s construction activities These activities will follow a logical schedule to meet all environmental agency requirements while enabling further construction of the Project facilities “The contractor for the Fauna Rescue and Vegetation Suppression services has already been selected We are taking another vital step in developing the Project ensuring that there will be no interference with the preservation of Amazonian cultural heritage for future generations,” said Adriano Espeschit “The Project areas have been the subject of thorough prior studies as approved in our submissions to IPAAM and IPHAN Each milestone we achieve brings us closer to providing Brazil with a domestic source of potash fertilizer which is critical for the country's agricultural productivity and food security," added Espeschit “We will be creating more direct and indirect job opportunities in Vila de Urucurituba with contracted companies prioritizing local labor,” emphasized Raphael Bloise Project Director at Potássio do Brasil and directly responsible for the work in Autazes Brazil Potash (NYSE-American: GRO) (www.brazilpotash.com) is developing Brazil’s largest potash project to supply sustainable fertilizers to one of the world’s largest agricultural exporters one of the Brazil’s largest farmers and logistical operators of agricultural products including statements relating to vegetation suppression and fauna rescue rescue program and heritage education for the Autazes Project the planned construction of the Autazes Project the benefits of such project and the creation of local jobs are subject to risks and uncertainties including those described in the “Risk Factors” section of the Company’s registration statement on Form F-1 for the IPO filed with the SEC in connection with the IPO Brazil Potash (NYSE-American: GRO) has announced a significant milestone in its Autazes Potash Project development awarding a vegetation management contract to GRS Ambiental e Logística for site preparation The contract encompasses ground preparation The work will be executed through service orders aligned with Brazil Potash's environmental management program an Autazes-based firm with experience across Amazonas will initially focus on vegetation management in the mine All activities will be conducted in compliance with environmental licenses approved by the Amazonas Environmental Protection Institute (IPAAM) prioritizing local labor from Autazes and surrounding areas Brazil Potash (NYSE-American: GRO) ha annunciato un traguardo significativo nello sviluppo del suo progetto di potassio ad Autazes assegnando un contratto per la gestione della vegetazione a GRS Ambiental e Logística per la preparazione del sito Il contratto comprende attività di preparazione del terreno Il lavoro sarà eseguito attraverso ordini di servizio allineati con il programma di gestione ambientale di Brazil Potash un'azienda con sede ad Autazes e con esperienza negli stati di Amazonas si concentrerà inizialmente sulla gestione della vegetazione nelle aree della miniera Tutte le attività saranno condotte in conformità con le licenze ambientali approvate dall'Istituto di Protezione Ambientale dell'Amazzonia (IPAAM) Il progetto impiegherà un team di 22 persone dando priorità alla manodopera locale di Autazes e delle aree circostanti Brazil Potash (NYSE-American: GRO) ha anunciado un hito significativo en el desarrollo de su Proyecto de Potasio en Autazes adjudicando un contrato para la gestión de la vegetación a GRS Ambiental e Logística para la preparación del sitio El contrato abarca actividades de preparación del terreno El trabajo se llevará a cabo a través de órdenes de servicio alineadas con el programa de gestión ambiental de Brazil Potash una empresa con sede en Autazes y con experiencia en los estados de Amazonas se centrará inicialmente en la gestión de la vegetación en las áreas de la mina Todas las actividades se realizarán en cumplimiento con las licencias ambientales aprobadas por el Instituto de Protección Ambiental de Amazonas (IPAAM) El proyecto empleará a un equipo de 22 personas priorizando la mano de obra local de Autazes y sus alrededores 브라질 포타시 (NYSE-American: GRO)는 자우타제스 포타슘 프로젝트 개발에서 중요한 이정표를 발표하며 GRS Ambiental e Logística에 사이트 준비를 위한 식생 관리 계약을 체결했습니다 작업은 브라질 포타시의 환경 관리 프로그램에 맞춰 서비스 주문을 통해 수행됩니다 모든 활동은 아마조나스 환경 보호 기관(IPAAM)에서 승인한 환경 허가를 준수하여 수행됩니다 이 프로젝트는 자우타제스 및 주변 지역의 지역 인력을 우선적으로 채용하여 22명으로 구성된 팀을 운영할 것입니다 Brazil Potash (NYSE-American: GRO) a annoncé une étape importante dans le développement de son projet de potasse à Autazes en attribuant un contrat de gestion de la végétation à GRS Ambiental e Logística pour la préparation du site Le contrat comprend des activités de préparation du sol Le travail sera exécuté par le biais de commandes de service alignées sur le programme de gestion environnementale de Brazil Potash une entreprise basée à Autazes avec une expérience dans les États d'Amazonas se concentrera initialement sur la gestion de la végétation dans les zones de la mine Toutes les activités seront menées en conformité avec les licences environnementales approuvées par l'Institut de protection de l'environnement de l'Amazonas (IPAAM) Le projet emploiera une équipe de 22 personnes en donnant la priorité à la main-d'œuvre locale d'Autazes et des environs Brazil Potash (NYSE-American: GRO) hat einen bedeutenden Meilenstein in der Entwicklung seines Autazes-Kaliumprojekts bekannt gegeben und einen Vertrag zur Vegetationspflege an GRS Ambiental e Logística zur Standortvorbereitung vergeben Der Vertrag umfasst Aktivitäten zur Bodenvorbereitung Die Arbeiten werden durch Dienstleistungsaufträge durchgeführt die mit dem Umweltmanagementprogramm von Brazil Potash abgestimmt sind ein in Autazes ansässiges Unternehmen mit Erfahrung in den Bundesstaaten Amazonas wird sich zunächst auf die Vegetationspflege in den Bereichen Mine Hafen und Verarbeitungsanlage konzentrieren Alle Aktivitäten werden in Übereinstimmung mit den vom Institut für Umweltschutz von Amazonas (IPAAM) genehmigten Umweltgenehmigungen durchgeführt Das Projekt wird ein 22-köpfiges Team beschäftigen wobei lokale Arbeitskräfte aus Autazes und den umliegenden Gebieten priorisiert werden through its subsidiary Potássio do Brasil Ltda today announced the signing of a key vegetation management contract for site preparation at its Autazes Potash Project in Amazonas state The contract covers critical ground preparation activities and materials management required to advance the project toward construction Work will be executed through a series of service orders that will authorize various work fronts based on Brazil Potash's comprehensive environmental management program and physical and financial schedule for that stage of work The contract has been awarded to GRS Ambiental e Logística (GRS) an Autazes-based firm with extensive experience in environmental management across Amazonas GRS has successfully served numerous notable corporate clients various municipal agencies and construction firms throughout Brazil The company's technical team brings significant expertise in vegetation management The initial service order will focus on vegetation management in the mine All vegetation management activities on low-growth farm ground are being conducted in full compliance with the project's approved environmental licenses which have been reviewed and authorized by the Amazonas Environmental Protection Institute (IPAAM) through Specific Environmental Licenses for all project areas "This contract represents another significant step forward in the development of the Autazes Project," said Adriano Espeschit "We're particularly pleased to engage a local contractor with a commitment to hire from within the community The 22-person team will prioritize local labor creating important economic opportunities for residents of Autazes and surrounding areas." including statements relating to vegetation management and its benefits for the local community the benefits of the Autazes Project and the creation of local jobs are subject to risks and uncertainties Brazil Potash Corp (NYSE-American: GRO) has initiated its Archaeological Monitoring and Heritage Education for the Autazes Potash Project in Brazil which has received approval from the National Institute of Historic and Artistic Heritage (IPHAN) marks a significant milestone in protecting historical and archaeological heritage in the project area The implementation is based on previously conducted diagnostic studies and archaeological prospecting will be carried out according to IPHAN's standards and follows Brazilian federal legal requirements emphasized this initiative as a step toward preserving Amazonian culture for future generations Brazil Potash Corp (NYSE-American: GRO) ha avviato il suo Programma di Monitoraggio Archeologico di Salvataggio e di Educazione al Patrimonio per il Progetto di Potassio di Autazes in Brasile che ha ricevuto l'approvazione dall'Istituto Nazionale del Patrimonio Storico e Artistico (IPHAN) rappresenta un traguardo significativo nella protezione del patrimonio storico e archeologico nell'area del progetto L'implementazione si basa su studi diagnostici precedentemente condotti e su rilevazioni archeologiche verranno eseguiti secondo gli standard dell'IPHAN e seguiranno i requisiti legali federali brasiliani ha sottolineato questa iniziativa come un passo verso la preservazione della cultura amazzonica per le future generazioni Brazil Potash Corp (NYSE-American: GRO) ha iniciado su Programa de Monitoreo Arqueológico Rescate y Educación del Patrimonio para el Proyecto de Potasa de Autazes en Brasil que ha recibido la aprobación del Instituto Nacional de Patrimonio Histórico y Artístico (IPHAN) marca un hito significativo en la protección del patrimonio histórico y arqueológico en el área del proyecto La implementación se basa en estudios diagnósticos realizados anteriormente y en prospecciones arqueológicas se llevarán a cabo de acuerdo con los estándares del IPHAN y siguiendo los requisitos legales federales brasileños enfatizó esta iniciativa como un paso hacia la preservación de la cultura amazónica para las generaciones futuras Brazil Potash Corp (NYSE-American: GRO)는 브라질의 아우타제스 칼륨 프로젝트를 위해 고고학 모니터링 프로젝트 지역의 역사적 및 고고학적 유산을 보호하는 데 중요한 이정표가 됩니다 작업은 곧 시작될 예정이며 IPHAN의 기준에 따라 수행되고 브라질 연방 법규를 준수합니다 회사의 브라질 자회사인 Potássio do Brasil의 회장인 아드리안오 에스페시트는 이 이니셔티브가 미래 세대를 위한 아마존 문화 보존을 위한 첫걸음이라고 강조했습니다 Brazil Potash Corp (NYSE-American: GRO) a lancé son Programme de Surveillance Archéologique de Sauvetage et d'Éducation au Patrimoine pour le Projet de Potasse d'Autazes au Brésil qui a reçu l'approbation de l'Institut National du Patrimoine Historique et Artistique (IPHAN) marque une étape significative dans la protection du patrimoine historique et archéologique dans la zone du projet La mise en œuvre est basée sur des études diagnostiques préalablement réalisées et sur des prospections archéologiques seront réalisés conformément aux normes de l'IPHAN et respecteront les exigences légales fédérales brésiliennes a souligné que cette initiative constitue un pas vers la préservation de la culture amazonienne pour les générations futures Brazil Potash Corp (NYSE-American: GRO) hat sein Programm zur archäologischen Überwachung Rettung und Bildung des Erbes für das Autazes-Kaliumprojekt in Brasilien initiiert das die Genehmigung des Nationalen Instituts für historische und künstlerische Erbes (IPHAN) erhalten hat stellt einen bedeutenden Meilenstein zum Schutz des historischen und archäologischen Erbes in der Projektregion dar Die Umsetzung basiert auf zuvor durchgeführten Diagnosestudien und archäologischen Erkundungen erfolgen nach den Standards von IPHAN und entsprechen den brasilianischen bundesrechtlichen Anforderungen der brasilianischen Tochtergesellschaft des Unternehmens betonte diese Initiative als einen Schritt zur Bewahrung der Amazonas-Kultur für zukünftige Generationen The initiation of Brazil Potash's archaeological program for the Autazes Project represents a standard but necessary regulatory compliance step in the project's development pathway This program's launch signals that the project is advancing through its pre-construction phase though its primary significance lies in risk mitigation rather than direct value creation The archaeological program's commencement has several key implications: while this development doesn't directly impact near-term financials it removes one of several regulatory hurdles necessary for project advancement The immediate commencement of field work suggests the company is maintaining momentum in its development timeline though multiple other permits and approvals will still be required before construction can begin a company developing and constructing Brazil's largest potash fertilizer project today announced it has commenced its Archaeological Monitoring and Heritage Education for the Autazes Potash Project (the “Project”) an important milestone for the safeguarding and protection of the historical and archaeological heritage in the project area Work at site is planned to commence imminently The scope of work has been approved by the National Institute of Historic and Artistic Heritage (IPHAN) which authorizes the Company to carry out the program in accordance with its standards The implementation of the Archaeological Monitoring and Heritage Education for the Project is based on diagnostic studies and archaeological prospecting previously conducted we are taking another step in our commitment to the memory and preservation of Amazonian culture for future generations,” said Adriano Espeschit “The areas for the project’s implementation are the subject of prior studies that identified occurrences with archaeological potential This field work is being advanced based on extensive research and archaeological monitoring of the areas where we will be implementing the Autazes Potash Project,” he added Brazil Potash (NYSE-American: GRO) (www.brazilpotash.com) is developing Brazil’s largest potash project that will supply sustainable fertilizers to one of the world’s largest agricultural exporters but is vulnerable as it imported over 95% of its potash fertilizer in 2021 one of the largest farmers and logistical operators of agricultural products in Brazil With initial planned annual potash production of up to 2.4 million tons per year including statements relating to the archeological monitoring the planned construction of the Autazes Project and the benefits of such project are subject to risks and uncertainties Brazil Potash (NYSE-American: GRO) announced two significant events for March 18 2025: a site visit by federal and state government officials to its Autazes Potash Project The technical site visit will be attended by key officials from the Ministry of Agriculture and Livestock National Union of Raw Materials Industries for Fertilizers the company will showcase construction progress and socioeconomic initiatives the company will participate in two panels: an ESG discussion on March 18 and an exploration panel on March 20 focusing on opportunities and challenges in Amazon mining operations Brazil Potash (NYSE-American: GRO) ha annunciato due eventi significativi per il 18 marzo 2025: una visita del sito da parte di funzionari governativi federali e statali al suo Progetto di Potassio di Autazes e la partecipazione alla Conferenza Amazonas Oil La visita tecnica del sito sarà presieduta da funzionari chiave del Ministero dell'Agricoltura e della Zootecnia del Superintendente Federale dell'Agricoltura dell'Unione Nazionale delle Industrie delle Materie Prime per i Fertilizzanti e funzionari minerari dello stato di Amazonas l'azienda presenterà i progressi nella costruzione e le iniziative socioeconomiche l'azienda parteciperà a due panel: una discussione ESG il 18 marzo e un panel di esplorazione il 20 marzo focalizzato su opportunità e sfide nelle operazioni minerarie in Amazzonia Brazil Potash (NYSE-American: GRO) anunció dos eventos significativos para el 18 de marzo de 2025: una visita al sitio por parte de funcionarios gubernamentales federales y estatales a su Proyecto de Potasio de Autazes y la participación en la Conferencia Amazonas Oil La visita técnica al sitio contará con la presencia de funcionarios clave del Ministerio de Agricultura y Ganadería del Superintendente Federal de Agricultura de la Unión Nacional de Industrias de Materias Primas para Fertilizantes y de funcionarios mineros del estado de Amazonas la empresa mostrará el progreso de la construcción y las iniciativas socioeconómicas En la Conferencia Amazonas (del 18 al 20 de marzo) la empresa participará en dos paneles: una discusión sobre ESG el 18 de marzo y un panel de exploración el 20 de marzo centrado en oportunidades y desafíos en las operaciones mineras en la Amazonía 브라질 포타시 (NYSE-American: GRO)는 2025년 3월 18일에 두 가지 중요한 사건을 발표했습니다: 연방 및 주 정부 관계자들의 아우타제스 포타시 프로젝트 현장 방문과 아마조나스 석유 비료 원자재 산업의 국가 연합 및 아마조나스 주 광업 관계자들이 참석할 예정입니다 아드리아노 에스페시트(Adriano Espeschit) 브라질 포타시 회장이 이끄는 이번 방문에서는 회사의 건설 진행 상황과 사회경제적 이니셔티브를 소개할 것입니다 아마조나스 컨퍼런스(3월 18-20일)에서 회사는 두 개의 패널에 참여할 예정입니다: 3월 18일 ESG 논의와 3월 20일 아마존 광업 운영의 기회와 도전에 초점을 맞춘 탐사 패널입니다 Brazil Potash (NYSE-American: GRO) a annoncé deux événements importants pour le 18 mars 2025 : une visite de site par des responsables gouvernementaux fédéraux et étatiques de son Projet de Potasse d'Autazes et sa participation à la Conférence Amazonas Oil La visite technique du site sera effectuée par des responsables clés du Ministère de l'Agriculture et de l'Élevage du Superintendant Fédéral de l'Agriculture de l'Union Nationale des Industries de Matières Premières pour Engrais et des responsables miniers de l'État d'Amazonas l'entreprise mettra en avant les progrès de la construction et les initiatives socioéconomiques Lors de la Conférence Amazonas (du 18 au 20 mars) l'entreprise participera à deux panels : une discussion sur l'ESG le 18 mars et un panel d'exploration le 20 mars axé sur les opportunités et les défis des opérations minières en Amazonie Brazil Potash (NYSE-American: GRO) gab zwei bedeutende Ereignisse für den 18 März 2025 bekannt: einen Standortbesuch von Bundes- und Landesbeamten bei seinem Autazes-Kaliumprojekt und die Teilnahme an der Amazonas Oil Der technische Standortbesuch wird von wichtigen Beamten des Ministeriums für Landwirtschaft und Viehzucht der Nationalen Union der Rohstoffindustrien für Düngemittel und von Bergbaubeamten des Bundesstaates Amazonas besucht wird das Unternehmen den Fortschritt beim Bau und soziale Initiativen vorstellen März) wird das Unternehmen an zwei Panels teilnehmen: einer ESG-Diskussion am 18 das sich mit Chancen und Herausforderungen im Bergbau in der Amazonasregion befasst announced today that its wholly-owned subsidiary will host Brazil federal and Amazonas state government officials at site and at the local Autazes municipality the morning of March 18 Brazil Potash's guests will tour several socioeconomic and environmental projects supported by the Company and visit the area where the Autazes Potash Project operations will be installed the Company will participate in the Amazonas Oil Gas & Energy – Expo & Conference 2025 taking place March 18-20 at the Amazonas Convention Center – Vasco Vasques in Manaus This event is organized by the Amazonas State Government through the State Department of Energy Mining and Gas (SEMIG) and Sebrae Amazonas Technological and Innovation Policy for the Oil Gas and Energy Sector of Amazonas," the Amazonas Oil Gas & Energy Conference will bring together industry representatives Potássio do Brasil will contribute to discussions in two prominent panels: The event is free and tickets can be obtained until March 18 on the conference website (available here) Potássio do Brasil will host a technical visit to the Autazes Potash Project construction site with the following attendees: José Carlos Polidoro advisor to the executive secretariat of the Ministry of Agriculture and Livestock (MAPA); Dionísia Campos Federal Superintendent of Agriculture and Livestock (SFA/AM); Bernardo Silva Executive Director of the National Union of Raw Materials Industries for Fertilizers (Sinprifert); Oziel Mineiro Executive Secretary of Mining of Amazonas (SEMIG-AM); Sthanley Bastos Department Head of SEMIG-AM; and Ailton Queiroz The delegation will be received and accompanied by Adriano Espeschit "This visit represents an important opportunity to showcase our progress to key stakeholders who will play a vital role in the development of the Autazes Potash Project," emphasized Espeschit "We look forward to highlighting both our construction advancements to date and our ongoing socioeconomic and environmental initiatives in the region." including statements relating to including statements relating to the proposed site visit the Company’s participation in various conferences the benefits of participating in the conferences a company developing and constructing the largest potash fertilizer project in Brazil today announced that Executive Chairman Mayo Schmidt along with CEO Matt Simpson and Directors Brett Lynch and Peter Tagliamonte and Coordinator of the Mura Indigenous Council (CIM) and representatives of the Mura villages in the municipality of Autazes responding to an invitation from the Mura people to discuss the Company's progress in construction of its strategic Autazes Potash Project Governor Wilson Lima highlighted the Amazonas State Government’s commitment to promoting ‘Green Potash’ in Autazes (120 kilometers from Manaus) combined with social development and environmental conservation “We are willing to provide full support for the implementation of the potash exploration project in Autazes In addition to the economic aspect of making the state of Amazonas a powerhouse in fertilizer production our main objective is to promote social development ensuring environmental preservation and dialoguing with the indigenous people.” Find out more at: https://www.agenciaamazonas.am.gov.br/noticias/governador-wilson-lima-reafirma-compromisso-para-desenvolvimento-social-e-economico-pelo-potassio-verde-em-autazes/ and the Mura Indigenous Council reinforces the strategic importance of the Autazes Potash Project to both Brazil's agricultural sector and global food security,” said Mayo Schmidt  “Having spent decades building world-class agricultural businesses including my roles as Chairman and CEO of Nutrien and CEO of Viterra I see tremendous potential in Brazil Potash's ability to establish a crucial domestic supply of potash for Brazil's agricultural sector and reduce reliance on foreign imports including securing water extraction permits and advancing our partnerships with local indigenous communities we are well-positioned to advance construction of this strategic asset for Brazil's agricultural sector.” “We appreciate the continued support from state and municipal government and the excellent relationship we have developed with the Mura Indigenous Council as we advance construction of what we believe will be Brazil's premier domestic potash operation,” said Matt Simpson And he added “After the conclusion of the Prior Consultation which strictly followed the Mura Consultation Protocol our relationship with the Mura people was established in a positive and constructive way This dialogue resulted in the signing of a Preliminary Agreement of Cooperation which reaffirms Brazil Potash's commitment to respecting the culture rights and development of the indigenous communities involved.” “Our strategic location in Amazonas state positions us to become the lowest-cost supplier to Brazilian farmers while creating significant local economic benefits through job creation and development of supporting infrastructure,” Mr The Brazil Potash delegation's agenda in Manaus and Autazes was coordinated by the president of our subsidiary in Brazil who led the Company's leadership team on meetings with local investors and visits to potential service providers who could contribute to the progress of the Autazes Potash Project currently ongoing conversations with groups regarding the funding for construction of the power line that will support the Project were advanced the delegation flew over the area where the Autazes Potash Project is being built and visited Casa da Luz da Infância — a non-profit entity that carries out very impactful social assistance work focused on supporting the development of underprivileged children in the municipality; Potássio do Brasil Ltda has provided funding support to this agency since 2014 Cautionary Note Regarding Forward-Looking Statements “believes” and “intends” or similar expressions are intended to identify forward-looking statements including statements relating to potential outcomes following meetings with Brazilian government officials and the indigenous community representatives filed with the SEC in connection with the IPO Brazil Potash Investor Relations: info@brazilpotash.com The Amazonas Environmental Protection Institute (IPAAM) has come under harsh scrutiny by authorities and Indigenous leaders for granting installation licenses to the Canadian-backed mining company Potássio do Brasil without considering the affected Indigenous communities or the environmental consequences of the project which is seeking to reduce the country’s reliance on imported fertilizers as Russia’s share of global potash exports increased from 16% in 2022 to 20% in 2023 The federal prosecutors said the licenses granted by IPAAM authorizing the project’s implementation as well as the construction of a road and shipping port were issued despite irregularities in the environmental licensing process and violations committed by the company the mine overlaps with several Indigenous lands which are either demarcated or in the process of being demarcated by Brazil’s Indigenous affairs agency According to the prosecutors, the company did not consult all the affected communities and co-opted leaders and communities told Mongabay over WhatsApp voice messages that his community has a consultation protocol that was not respected by the company the company co-opted some leaders from the municipality of Autazes and these leaders stand up today saying they are in favor of the project some even claiming that there was a consultation There was even a falsification of documents of meeting minutes saying that they were consulted Potássio do Brasil wrote in a press release that it did obtain local Indigenous peoples’ free The company did not respond to Mongabay’s requests for comment by the time of publication IPAAM told Mongabay “the entire licensing procedure was conducted based on the necessary environmental studies as established by current environmental legislation.” “These studies provided the essential foundations for decisions in the licensing process,” it added “ensuring the implementation of the necessary mitigating measures and the adequate management of impacts on the environment and directly affected populations.” Filgueira also added that there are audio recordings of Indigenous leaders talking about dividing resources that most likely came from the Potássio do Brasil does not have the type of money discussed in the recordings some Indigenous leaders who were completely against mining suddenly changed their minds This was repeated by other members of the Indigenous community president and coordinator of the Mura Indigenous Women’s Organization who told Mongabay over WhatsApp messages that Potássio do Brasil “influenced other leaders to accept the company municipal and even federal government that all of the Mura peoples were in agreement Nevertheless, the company obtained all the licenses needed and, by late September, it started building on the Autazes site Funai told Mongabay in an email that it has established a technical group to carry out the land studies necessary for the identification and delimitation of Lago do Soares and Urucurituba this land overlaps with the areas of deposits subject to explorative demand by the company “In accordance with the decision of the Funai Board of Directors a request was made to suspend the licensing process until the studies that support Funai’s statement to the competent licensing body are completed,” a Funai spokesperson wrote in an email The licensor and company did not respond to their requests and they were “surprised” to learn “through the press” about the issuance of the licenses Correa is concerned that the project will bring invaders sexual abuse and prostitution to her village there will be more destruction of the environment of the forests and rivers we rely on to survive,” she said Funai told Mongabay that the project’s Indigenous Component Study found “several impacts on the physical biotic and socioeconomic environments for the Mura and that such interferences were not properly addressed.” Studies have shown that potash mining can cause the salinization of groundwater and surface water as crude salt extracted underground during the mining process is often discharged into nearby water sources This can change the chemical composition of these water sources leading to land and biological degradation The MPF wrote in a press release that the risk of salinization “could generate unpredictable consequences.” In the lawsuit the federal prosecutors also argued that the waste pile was designed to be located in a flood-prone area despite the risk of water contamination with brine which is our way of being self-sustainable,” Correa said We also have sacred things [spirits] that we need to preserve and care for so they do not disappear Our children need a place to live in the future.” In Brazilian Amazon, mining harm comes from beyond just the mines, study shows Ushakova, E., Perevoshchikova, A., Menshikova, E., Khayrulina, E., Perevoshchikov, R. & Belkin, P. (2023). Environmental Aspects of Potash Mining: A Case Study of the Verkhnekamskoe Potash Deposit. Mining, 3(2), 176-204. doi: https://doi.org/10.3390/mining3020011 FEEDBACK: Use this form to send a message to the author of this post. If you want to post a public comment, you can do that at the bottom of the page. The “fortress conservation” model is under pressure in East Africa, as protected areas become battlegrounds over history, human rights, and global efforts to halt biodiversity loss. Mongabay’s Special Issue goes beyond the region’s world-renowned safaris to examine how rural communities and governments are reckoning with conservation’s colonial origins, and trying to forge a path forward […] Franco-Nevada Corporation ("Franco-Nevada") announced that it acquired an option from Brazil Potash Corporation (“Brazil Potash”) to purchase a 4.0% gross revenue royalty on potash produced from Brazil Potash's Autazes project in Brazil the Autazes project is a sylvinite potash mine that is expected to be one of the largest potash mines in Latin America With initial planned annual potash production of 2.4 million tons per year Brazil Potash’s management believes it could potentially supply approximately 17% of the growing potash demand in Brazil with future plans to double output The option acquisition showed Franco-Nevada’s interest in participating in Brazil Potash’s US$30 million initial public offering on the NYSE American Franco-Nevada participated as a cornerstone investor Information can be found on Canada Newswire’s website Brazil Potash is developing Brazil’s largest potash project that will supply sustainable fertilizers to one of the world’s largest agricultural exporters Franco-Nevada is the leading gold-focused royalty and streaming company with the most diversified portfolio of cash-flow producing assets Its business model provides investors with gold price and exploration optionality while limiting exposure to cost inflation Tanis Makowsky and Charlotte Hardwicke-Brown (corporate/mining) Adam Delean (lending) and Craig Maurice (tax)    View this project on Torys’ Project Map and receive alerts when they’re in the news Proactive financial news and online broadcast teams provide fast informative and actionable business and finance news content to a global investment audience All our content is produced independently by our experienced and qualified teams of news journalists Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London We are experts in medium and small-cap markets we also keep our community up to date with blue-chip companies commodities and broader investment stories This is content that excites and engages motivated private investors The team delivers news and unique insights across the market including but not confined to: biotech and pharma crypto and emerging digital and EV technologies Proactive has always been a forward looking and enthusiastic technology adopter Our human content creators are equipped with many decades of valuable expertise and experience The team also has access to and use technologies to assist and enhance workflows Proactive will on occasion use automation and software tools all content published by Proactive is edited and authored by humans in line with best practice in regard to content production and search engine optimisation Brazil Potash CEO Matt Simpson joined Steve Darling from Proactive providing key updates on the company’s Autazes Potash Project in northwest Brazil The project has successfully completed all necessary permitting milestones - including technical and public consultations—clearing the way for full-scale construction Sign up to receive alerts and news direct to your inbox US Gold Corp (NASDAQ:USAU) CEO George Bee talked with Proactive's Stephen Gunnion about the latest developments surrounding the CK Gold Project in southeast Wyoming The company recently received the final component of its mine operating permit in November All Rights Reserved - Proactive North America Inc. Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use Caustic Potash Market Analysis: Industry Market Size Copyright © ChemAnalyst - 2020 | Terms & Conditions | Privacy Policy 43,000+ global companies doing business in the region 102,000+ key contacts related to companies and projects news and interviews about your industry in English Autazes in the heart of Brazil’s Amazonas state is a municipality that’s six times the size of Rio de Janeiro This corner of the rainforest is so remote that the easiest way to reach and move around the area is along the rivers that feed into the Amazon River the area has had a long history of natural resource extraction beginning with a gold rush in the 18th century followed by a rubber boom during the Industrial Revolution which drove a new wave of colonization of the region The wealth generated from this extraction led to the expansion of trade routes including the construction of a railway line the Brazilian rubber industry slowly began to die giving rise to a search for new commodities the region has is a major industrial and agricultural center Even though roads play a key role in reaching and bringing resources to previously isolated places they also open up the forest to illegal activities Thanks to Global Forest Watch’s (GFW) forest monitoring and alert system Mongabay contributor Ana Ionova became aware of a spike in deforestation in the region more than 48,600 deforestation alerts had been recorded from Autazes’s primary forest according to satellite data from the University of Maryland Ionova traveled to the area and found shocking levels of devastation in the middle of the Trincheira Indigenous Reserve a protected territory that’s supposed to be off-limits to outsiders Deforestation in the area is driven by livestock ranching Ranchers clear the forest to transform the land into pasture for their water buffaloes which are more profitable than cows and better suited to the floodplain forests of Autazes buffalo ranching has had devastating consequences on the area Indigenous leaders say the buffaloes pollute the water invade and fragment Indigenous territories Ionova spoke with Indigenous leaders to understand the extent of the damage Watch the video to find out what she learned You can read her full investigation here Banner image of a domestic water buffalo by Ana Ionova/Mongabay Romi Castagnino is Mongabay’s associate digital editor and host. Find her on Twitter and Instagram: @romi_castagnino A transcript has not been created for this video The “fortress conservation” model is under pressure in East Africa as protected areas become battlegrounds over history and global efforts to halt biodiversity loss Mongabay’s Special Issue goes beyond the region’s world-renowned safaris to examine how rural communities and governments are reckoning with conservation’s colonial origins and trying to forge a path forward […] InfoAmazonia Potash: Canadian mining giant rides roughshod over Amazon communities Potássio do Brasil failed to properly consult Autazes’ communities about the impacts of a $2 billion potash project Potássio do Brasil (PDB), a mining company controlled by the Canadian giant Forbes & Manhattan, has signed an agreement with the Chinese construction company CITIC to build a potash exploration complex in Autazes the US$1.94 billion contract was signed in the twilight of 2020 without any consultation with affected communities As part of this joint investigation, Diálogo Chino and InfoAmazonia found the contract among a series of documents that PDB sent to the Securities Exchange Commission (SEC) the US government agency in charge of the financial markets where the mining company hopes to raise US$50 million in investment PDB’s plans to exploit potash in Autazes have already been blighted by local conflicts. As a result, a conciliation hearing in 2017 led the company to sign an agreement with the Federal Public Ministry preventing it from taking further steps “without prior judicial authorisation” That decision included the suspension of environmental licensing until the completion of a consultation with the Mura people a population of 14,000 who inhabit 44 villages in the region It also established that the company would provide financial support for the indigenous people to draw up their consultation protocol The bill argues that it could make Brazil’s economic growth unviable Barred from any activity without judicial authorisation PDB neglected to submit both the billion-dollar contract with CITIC and the intention to seek investors in the US to Brazil’s Federal Public Ministry “The Federal Public Ministry at no time was communicated,” said a surprised Fernando Merloto Soave a prosecutor who learned of the negotiation on being contacted for this report which envisages investments of around US$2.3 billion intends to extract a total of 770 million tons of potash potassium-rich ores that are essential in the production of fertilizers The contract reveals that this huge undertaking includes a mine nearly 1,000 metres deep This includes a road and a port on the Madeira river basin A company video shows that the soil drilling site is also eight kilometres from the Jauary Indigenous Land recognised by the National Indian Foundation (Funai) in 2012 which is still in the process of demarcation More than a third of the area of the complex overlaps with the Jauary land. Information in the case file shows five mining requests for the Autazes Potash complex. Four of them have stretches that overlap with the Jauary land, as shown by Amazônia Minada an InfoAmazonia project that maps mining requests to the Brazilian government in protected areas A Federal Court report also states that the company even asked that the areas over the territory be removed from the mining request but the data at the National Mining Agency (ANM) continue to indicate an illegal overlap The billion-dollar project would mainly serve Brazilian agribusiness which imports over  of the Brazilian demand for the ore The complex in the Madeira River basin is strategic for soy producers in the states of Mato Grosso and Rondônia The ferries that load with grain crops destined for ports in the Northern region from where they are exported to Europe and China would return to producing states full of fertilizers Yet, the promise of attracting high investments for the project relegated the consideration of socio-environmental damage to second place, as shown in a PDB statement to the agency ANM in which it indicates that its plans to exploit the subsoil in Jauary Land that this would be minimal since the exploration is underground and noise from the activity would be “practically nil” The water impact would be contained within a specific area A 2018 study by researchers from Brazil and the US shows that the Autazes complex poses risks to the soil but we know it’s not quite like that but we know that they can enter the indigenous land from underground The production of the fertilizer releases sodium chloride (the same compound as table salt) part of this waste would be dissolved in the open air by rain Local communities fear that the process would lead to the salinisation of rivers Because of the risks associated with the work the agreement stated that the environmental license would not be granted until the consultation with the Mura people had been concluded which would require numerous rounda and holding a vote Bruno Caporrino, who was appointed by the Federal Court to prepare the consultation protocol explains: “The methodology they chose was three spheres of meetings: local only indigenous Mura people were able to participate This way it was possible to ensure that there was no external interference” The consultation was to begin in 2020 but was suspended because of the Covid-19 pandemic The seriousness of virus’ impact on Brazil may yet postpone the process further who is responsible for the action in the Federal Court plausible and minimally reasonable to promote face-to-face meetings at this time” In the documents forwarded to the SEC, PDB provided inaccurate information to the regulatory agency, such as the forecast of three months for the conclusion of the consultation with the indigenous people to ensure the start of the work. This could result in a fine and incurs a risk to potential investors “They don’t have any security about this project,” said Soave Consultation with indigenous people has been one of the most sensitive points in the process. In April last year, the SEC demanded clarification from the mining company writing to PDB to “Provide updated information and explain in more detail the manner in which the consultations are underway” The group responded that it had held “several rounds of consultations“ according to the filings in the Federal Court these were promoted by the company in 2015 and therefore cannot be considered among the prior consultations that the Mura set out in the 2019 protocol The company still claims to have suspended the environmental licensing of the project “in a voluntary way” But Soave says this occurred because of the conciliation hearing stating only that the opposition by indigenous people “may require modification of the project” The company made its intention not to consider consultation with the Mura as an impediment to the project even more explicit before the Amazonas Federal Court in 2016 “It is important to stress that ILO Convention 169 at no time established that consultation with indigenous communities would involve a veto power on environmental licensing,” Potassio do Brasil said Soave argues that the decision of the indigenous people does imply veto power “The Mura people have autonomy over the consultation the company agreed that the decision is binding,” says the prosecutor The prosecutor also expressed concern over the information given by the company to the SEC and possible non-compliance with the agreement as it may represent both erroneous data brought to potential investors and a potential non-compliance with the requirements for consultation Brazil Potash put down roots in Autazes in 2009 The mining company got permission to search for ore even though Funai had already been identifying Jauary indigenous land for almost a year drilling wells on indigenous land [without authorisation],” Soave says As it is an indigenous area in the process of demarcation, PDB would have to apply for an environmental license at the federal level. However, Ipaam, the state environmental agency of Amazonas, granted a preliminary license stating that the enterprise “is not inserted and does not contemplate the use of natural resources on indigenous lands” They didn’t ask anyone anything,” José Claudio Pereira Yuaka recalls we learned on television about the disasters in other mining projects and sought to learn more about this mine.” the Canadians have been drilling in Autazes in search of potash at a cost of around R$250 million [US$47 million] they have detected the mineral and say that their exploration does not impact the region occupied by the Mura people because it occurs underground They report that mine shafts will be three and a half metres thick and up to 900 metres deep it is not clear whether subsoil exploration will be directed towards the indigenous territory where the company has already identified potash the indigenous people even threatened to set fire to the company’s equipment to derail drilling Funai requested the paralysis of the studies “because they are affecting the Jauary indigenous land” within a few months of opening  an enquiry the company accepted a conciliation hearing MPF was designated more control over process and managed to suspend the earlier environmental license PDB breached the agreement on at least two occasions the company took four months to justify excavations that worried the indigenous communities and in 2019 it  studies to identify the local flora to speed up the licensing In 2017, the mining agency gave a technical report favourable to mining in the subsoil of the indigenous land but made reservations about the legal issues Currently, there is no legal provision for mineral exploration on indigenous lands in Brazil. However, the Jair Bolsonaro government has been pushing to legalise it It is on these possible changes of course that mining companies rely when filing requests with the ANM the Office of the Federal Advocate General states that the agency does not accept requests for mineral research on indigenous territories even if they are still in the demarcation phase in 2019 the Federal Court overturned all applications in indigenous lands in Amazonas PDB still has 19 active requests that overlap with indigenous territories in the state In addition to the company’s advances the indigenous people have to resist pressure and threats from within the city of Autazes “Sometimes we hear complaints from people saying that the region could be rich I’ve seen graffiti in a bar bathroom in the city saying ‘death to the Mura people’ We just want the law to be enforced,” says Herton Mura an advisor to the Mura Indigenous Leadership Organisation in Careiro da Várzea PDB did not respond to a May 7 request for comment on the series of legal breaches Nor did the SEC respond on the issue of the information provided to it by PDB IPAAM did not reply to requests about the environmental license blocked by the courts and The ANM denied that there are mining requirements in effect within indigenous lands in Amazonas a statement from its advisory office appears contradictory “The fact that an application appears in SIGMINE [the ANM’s Geographical Information System for Mining] in an indigenous area has no practical effect.” The regulatory agency ignored a question about non-compliance with a 2009 ruling by the Federal Advocate General that prevents the authorisation of mineral research or mining within already identified indigenous lands This report was produced in partnership with Diálogo Chino, and is part of the Amazônia Minada, InfoAmazonia special project with the support of Rainforest Journalism Fund/Pulitzer Center Δdocument.getElementById( "ak_js_1" ).setAttribute( "value" Amazônia Minada project finds unusual rise in demand for manganese in 2020 when it became the second most requested on indigenous lands - just after gold Some of the richest manganese deposits in the world are in southeast Pará overlapping with the territories of the Kayapó the most affected by recent records in mining requests Illegal mining has increased and Indigenous people denounce mining on their territories British mining giant Anglo American made copper mining research applications on the Sawré Muybu Indigenous Territory Mined Amazon has revealed 1,265 pending requests to mine in 26 Indigenous territories in Brazil that are home to isolated tribes half of the requests filed with the ANM were on lands with isolated tribes Indigenous groups have filed a lawsuit with Brazil’s Supreme Federal Court against the government and avert a “real risk of genocide” due to the COVID-19 pandemic By visiting this site, you agree to the use of cookies, which are designed to improve your experience and are used for the purpose of analytics and personalization. To find out more, please read our Cookies policy Brazil Potash is working on a project to enable Brazil to source a significant portion of its potash domestically with the Autazes project To discover more, Digital Journal spoke with Matt Simpson, CEO of Brazil Potash, a mineral exploration and development company with a potash mining project in Brazil. As one of the world’s largest agriculture exporters Brazil relies heavily on the fertilizer potash from countries like the U.S Digital Journal: Can you tell us about Brazil Potash and the Autazes Project (NYSE-American: GRO) is a sustainable fertilizer company developing Brazil’s largest potash project to support the country’s domestic agriculture industry while also reducing its approximately 98% reliance on imported potash Brazil is one of the largest net exporters of agricultural products in the world at ~$167B per year but the majority of potash used in the country today comes from mines that are located up to 12,000 miles away in Canada Brazil Potash’s Autazes project is being developed in the Amazonas State of Brazil on cattle farmland which is adjacent to the largest farming region in Brazil Matto Grosso State.  Autazes is slated to produce 2.4 million tons per year out of the about 14 million tons consumed annually by Brazilian farmers at an all in cost that is projected to be lower than just the transportation cost alone for imported potash The deposits’ unique position along the Madeira River allows for low-cost barge transport to Brazil’s agricultural hubs providing great flexibility to reach customers and avoid congested import ports DJ: What is potash and why is it important to the global market Simpson: Potash is a source of soluble potassium which is one of the three main nutrients plants need to efficiently grow The principal use of potash is as an agricultural fertilizer as it improves plants’ water efficiency and provides resistance to pests and disease It’s formed by failed oceans that dried up leaving salts behind so deposits tend to be massive in size but limited in number globally.  As plants grow they adsorb nutrients such as potash from the soil needing for them to be replenished over time.  Brazilian farms typically grow three crops per year resulting in the soil being particularly nutrient stressed and that’s why it’s necessary to regularly add potash in the form of fertilizer DJ: Where does your project currently stand and when could the potash be expected to be mined Simpson: Construction on the Autazes Project has already started and will take approximately four years to complete and begin initial production the Autazes potash deposit is capable of providing ~17% of the potash Brazil needs every year for the next 23 years Our team is committed to a fully permitted modular construction to minimally impact trees and the environment around the project site The current land over the project site has primarily been used for livestock with the primary deforestation occurring decades ago by prior landowners Our vision for the site includes an underground mine and processing plant with dry stacked tailing to minimize the surface footprint is there concern for the import and export of potash and agricultural products globally Simpson: Brazil is the largest net exporter of agricultural products in the world and warm year-round climate making it a prime candidate to help boost global food security which has had a renewed spotlight on it due to recent geopolitical events like the global tariff discussion and other armed conflicts that have created massive volatility in potash prices and limited exports of key food staples such as wheat While our team is working to supply a large percentage of the necessary potash for Brazil’s agricultural industry domestically much of the necessary potash to ensure Brazil’s role as a global food supplier continues will need to be imported from elsewhere including the Russia This makes it a key target that should be exempt from any extended trade dispute in order to ensure global food security and avoid unnecessary food price hikes even called on Trump to exempt potash from the trade levies this further highlights the importance of our work to ensure that Brazil can source its potash without being affected by larger geopolitical events DJ: Why is it so important for Brazil to begin sourcing potash domestically Simpson: Brazil is the world’s largest importer of potash at ~22% of market share projected to grow 6.8% annually from 2023-2027 according to the CRU Group’s market outlook in November 2022 with the country being responsible for the majority of the South American potash consumption Given ~50% of the world’s potash is produced in countries that are sanctioned or at war coupled with risks of rail and port strikes it is imperative Brazil source such a critical mineral as potash to feed its population along with $167 billion of exports when viable the Autazes project has the opportunity to reduce greenhouse gas emissions significantly through a combination of using primarily renewable sourced electricity supplied by Brazil’s national electricity grid and avoiding substantial unnecessary international transportation of potash Beyond sustainability and geopolitical concerns there is a key economic opportunity as well With strong domestic support from the Brazil Federal Government which has designated the Autazes project as a development of national importance and the opportunity to reduce risk and boost agricultural productivity The Autazes Project will be an economic stalwart for the local community Passwords: businesses need to put greater consideration about how people can mess up what seems to be a solid system Billionaire investor Warren Buffett said Saturday he would retire from leading his Berkshire Hathaway business group by the end of the year Image: ©AFPUS President Donald Trump said Sunday he was ordering new tariffs on all films made outside the United States Regulars attending Athens's main Roman Catholic church have discovered their donation box is now hooked to a digital payment system.