Canadian Brazil Potash Sitting on Substantial Brazilian Potash Reserve

Reuters reported that a deposit owned by Canadian Brazil Potash Corp , located in Brazil, contains reserves the meet 18 years of Brazil’s potassium-fertilizer requirement.

As quoted in the market report:

The mine project has total potassium reserves of about 500 million tonnes of which at least 125 million, or a quarter, is made up of at least 25 percent potassium chloride, a high-enough grade for commercial production, the source said. He added that the grade estimate was “conservative.

To view the whole Reuters report, click here.