Brazil Potash has launched a significant development of one of the world's largest potash reserves. The development is near the Autazes region in the Amazon Basin. The company predicts the area has enough reserves to fulfill approximately 20% of Brazil's potash demand, significantly reducing the country's reliance on imported goods.
Brazil is the world's second-largest consumer of potash, but 95% of the mineral is imported. Brazil Potash aims to reduce the country's import reliance by becoming the key potash supplier in its agricultural sector.
