Brazil Potash's Comment on Sales, Marketing and Customers
The company plans to sell all potash production to end users in Brazil. Potash sales prices will be based on the daily spot Cost and Freight (CFR) price for granular potash delivered to Brazil, adjusted for transportation cost differentials and discounts. Electricity for mining operations will be supplied through a planned power transmission line connected to Brazil's national power grid near Manaus. The Autazes Project mine will operate under Brazilian governmental environmental licenses and comply with applicable regulations. The company intends to implement environmental initiatives aimed at reducing emissions and waste, improving resource and energy efficiency, and establishing provisions for restoration or remediation at the Autazes Property.
Brazil Potash Advances Autazes Project Construction with Significant Financial Milestone Brazil Potash, a key player in the global fertilizer market, has taken a significant step forward as it advances the construction of its Autazes Project, a critical initiative aimed at bolstering the country’s potash production. The recent signing of a Fauna Rescue Contract marks a notable commitment to environmental responsibility, ensuring the protection of local wildlife as the company moves forward with its operations.Amid these developments, Brazil Potash has achieved a noteworthy financial milestone. In the fourth quarter of 2018, the company reported a Tangible Leverage Ratio of 2.79, a new all-time high for the...
Brazil Potash’s Comment on Sales, Marketing and Customers
The company plans to sell all potash production to end users in Brazil. Potash sales prices will be based on the daily spot Cost and Freight (CFR) price for granular potash delivered to Brazil, adjusted for transportation cost differentials and discounts. Electricity for mining operations will be supplied through a planned power transmission line connected to Brazil's national power grid near Manaus. The Autazes Project mine will operate under Brazilian governmental environmental licenses and comply with applicable regulations. The company intends to implement environmental initiatives aimed at reducing emissions and waste, improving resource and energy efficiency, and establishing provisions for restoration or remediation at the Autazes Property.
Sources:
Brazil Potash Corp’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
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