New potash capacities are in demand
(PresseBox) - Potash is used worldwide for fertilizer production. Cultivated land is decreasing, while the world population is growing.
Advertisement/Advertising - This article appears on behalf of Millennial Potash Corp., with which SRC swiss resource capital AG has a paid IR advisory agreement. Creator: SRC swiss resource capital AG ? Author: Ingrid Heinritzi ? First published: 09.09.2025, 4:45 p.m. Europe/Berlin
The issue at stake is securing the global food supply in terms of potash fertilizers. Potash fertilizer is an umbrella term for various fertilizers that contain potassium as their main nutrient. Alongside nitrogen and phosphate, potassium is one of the three essential nutrients for plant life. The Ohm Mountains in Thuringia are considered the largest German potash resource in Western Europe. But now the plans are on hold because there is a lack of investors. Potash mining is no longer subsidized in the EU either. However, the company is continuing to try to generate subsidies and investors. There are other new potash projects in North America and Canada. After Canada, Russia and Belarus are the largest potash producers worldwide. After Russia s war of aggression, there were fears of supply risks, and these fears have not yet been dispelled.
Potash is one of the most important raw materials. BHP Billiton has also recognized this. However, there are delays at its Jansen potash mine and costs have risen enormously. This is one factor that could push up potash prices. In 2024, around 67 million tons of potash were produced worldwide, and Jansen is expected to be able to produce 4 million tons initially of potash per year and expanding to 8.5 million tons in the future. On the other hand, the potash project of Millennial Potash in Gabon, Africa, is looking good.
Millennial Potash - https://www.commodity-tv.com/ondemand/companies/profil/millennial-potash-corp/ - operates in Gabon, a country that is friendly to business and mining. The company s share price has jumped immensely over the past twelve months. The Banio project is a large-volume potash resource. Millennial Potash is well financed. And the US International Development Finance Corporation will provide three million US dollars, which speaks for the potential of the project. A feasibility study is expected to be completed by 2026.
Current company information and press releases from Millennial Potash (- https://www.resource-capital.ch/en/companies/millennial-potash-corp/ -).
Sources: Millennial Potash
https://www.mdr.de/nachrichten/thueringen/nord-thueringen/eichsfeld/kali-bergwerk-suedharz-faq-100.html;
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Datum: 09.09.2025 - 11:07 Uhr
Sprache: Deutsch
News-ID 726419
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