COMPANY PROFILE
Summary
Our company will be engaged in the extraction and processing of potash ore, an essential input for agriculture. Our goal is to create a complete development cycle, extracting ore from underground so it can fertilize Brazilian fields.
Potash comes from the earth and returns to the earth, fortifying food and helping to maintain continuous growth in the agricultural sector, which is one of the main economic drivers in Brazil.
Our operation can considerably reduce greenhouse gas emissions resulting from the international transportation of potash and the use of renewable electric energy, since we will domestically produce more than 20% of the potash Brazil consumes annually
Main Leadership
Management
- Matt Simpson, CEO and Director
- Adriano Espeschit, President of Potássio do Brasil Ltda
- Raphael Bloise, Project Director
- Lucio Rabello, ESG Director
- Davidson Aquino, Finance & Admin Manager
What we do
Today, more than 95% of potash consumed in Brazil to grow food, is imported. We want to reduce this dependence by being a key supplier to the agricultural sector.
The majority of potash used in Brazil comes from the mines that are up to 20,000 kilometers away in Canada, Russia, Germany and Israel. As our potash deposits of Autazes, Itacoatiara and Itapiranga lie inside Brazil, just a few kilometers from majors rivers in the country, the transport distance will be substantially reduced. As a result, greenhouse gas emissions, resulting from the transport of product will be significantly lower.
Brazilian produced potash may reduce greenhouse gas emissions by up to 80%, compared to potash produced and shipped from Saskatchewan, Canada, which currently accounts for 32% of all potash consumed in Brazil.
Potash from Canada travels along railways and on ships and trucks to its final destination in Brazil, emitting roughly 508,000 tonnes of CO2 per year.
For just the Autazes deposit, at a production rate of 2.2 million tonnes per year, potash produced that displaces Canadian potash, will result in a reduction of greenhouse gas emissions equivalent to planting 32 million trees.
Highlighted Project
ESG
Our objective is to take a leadership role in supporting sustainable production of food in Brazil. Our 2.2 million tonnes potash mine will enable greater security of supply for Brazilian farmers in a manner that is consistent with ESG best-practice.
This ESG Value Proposition report highlights our most relevant risks and opportunities and the differentiated value that the project offers to our stakeholders, including an anticipated carbon footprint that is ~80% lower than the next best producing region.