Brazil Potash Corp. (“Brazil Potash” or the “Company”), a leading developer in Brazil’s potash fertilizer sector, has reached a major milestone. On January 21, 2025, the Company announced a memorandum of understanding (MOU) between its subsidiary, Potássio do Brasil Ltda., and Keytrade AG, a global leader in fertilizer trading. This agreement covers the potential purchase of up to one million tons of potash annually from the Autazes Potash Project.
Strengthening Brazil’s Potash Sector
Adriano Espeschit, President of Potássio do Brasil, highlighted the importance of this partnership:
“This MOU with Keytrade is a critical step for Brazil Potash’s growth. It reinforces our position as a potential leading domestic potash supplier. Along with our existing agreement with AMAGGI, we now have commitments for 1.5 million tons of our planned 2.4 million tons annual production. This provides strong support for project financing.”
The Autazes Potash Project aims to reduce Brazil’s reliance on imports. Currently, imports supply over 95% of the country’s potash needs. The project’s annual production capacity of 2.4 million tons will meet 17% of Brazil’s demand. This will strengthen food security globally.
About Keytrade AG
Founded in Switzerland in 1997, Keytrade AG leads the global fertilizer market. The company operates in more than 115 countries. It supplies a wide range of fertilizer products and services to suppliers, distributors, and end-users. Keytrade also advances sustainable agriculture through its subsidiary, WeGrow. This partnership supports Keytrade’s mission to improve agricultural productivity and sustainability.
Brazil Potash’s Commitment to Sustainability
Brazil Potash strives to reduce the country’s reliance on potash imports. The Company promotes environmental sustainability through innovative practices. Potash will be transported using low-cost river barges via Brazil’s extensive river system. This initiative, developed with AMAGGI, a leading agricultural and logistics operator, is expected to cut greenhouse gas emissions by 1.4 million tons annually. This approach highlights the project’s environmental benefits.
Looking Ahead
The MOU with Keytrade represents a major step for Brazil Potash. Additional agreements and future production expansion will position the Company as a cornerstone of Brazil’s agricultural supply chain. As food security challenges grow worldwide, projects like the Autazes Potash Project are essential for sustainable agricultural development.
