# Canadian firm lobbies Brazil for Amazon potash mine permit

> A Canadian firm is lobbying Brazil for permission to open an Amazon potash mine. Brazilian farmers rely on imports for 85% of their fertilizer, and potash prices tripled last year.

- Date: 2022-04-01 · published 2022-04-01T12:00:00.000Z
- Category: policy · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/42154-canadian-firm-lobbies-brazil-for-amazon-potash-mine-permit
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Brazil's import dependence highlights the tightness in potash supply, and a domestic mine would be a long-term structural change rather than an immediate price driver.

## Read by commodity

- POTASH: bullish ▲

## Sources

- reuters.com: https://www.reuters.com/world/americas/canadian-firm-lobbies-brazil-amazon-potash-mine-permit-2022-03-31/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.