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Toronto-based Brazil Potash is advancing its $2.5 billion Autazes potash project beneath the Amazon rainforest. Brazil imports more than 85% of its fertilizer, mainly potash from Canada and Russia.
A domestic Brazilian potash source would reduce long-term import dependence, but the project is years from output and does not move near-term prices.
mining.comAmanda StuttApr 28, 2023Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
