Brazil Potash, the leading potash development company in the country, is sponsoring the high-profile Fertilizer Latino Americano (FLA) 2024 International Conference being held this week from the 5th to the 7th of February in Miami. As a premier sponsor, Brazil Potash has an important role in the event, which has attracted over 800 attendees from across Latin America’s fertilizer industry.

CEO Matt Simpson is participating in the opening panel discussion focused on Brazil’s ambitious National Fertilizer Program. With decades of experience developing potash assets around the world, Simpson brings valuable insight into ramping up domestic potash production to reduce Brazil’s heavy imports of this key fertilizer ingredient.

Simpson will also be able to introduce Brazil Potash’s flagship Autazes Project, located in the Amazon region of central Brazil. Through its wholly-owned subsidiary, Potássio do Brasil Ltda, the company is advancing a large, shallow potash deposit near the town of Autazes. An initial economic assessment last year outlined a potential Tier 1 mine producing 4.3 million tonnes per year of potash over a 38-year lifespan.

Potash is a critical nutrient for Brazil’s mammoth agriculture industry, which must import over 96% of its current potash needs. By developing domestic potash production, Brazil can insulate itself from supply shocks and price spikes on global markets. The nation’s farmers also stand to benefit from more stable, lower potash prices over the long term.

Autazes Project for Brazil’s Fertilizer Independence

With mineralization starting at just 16 metres below surface, the Autazes Project offers some of the lowest-cost potash production potential in the industry. The deposit could supply potash to Brazilian farmers for decades to come as the country moves towards self-sufficiency.

Brazil Potash is working closely with municipal leaders in Autazes on a public consultation process as it moves towards feasibility and permitting over the next two years. The low-impact, efficient mine design includes backfilling the above-ground tailings into the mine as it advances. The company has also emphasized the critical role of potash in boosting yields on key crops like soy, corn, coffee, sugarcane, oranges, and cotton.

Conference Focused on Fertilizer’s Future in Latin America

With food security and agricultural productivity urgent priorities across Latin America, the FLA 2024 conference has attracted hundreds of stakeholders seeking strategic solutions. Over 800 attendees are taking part in panel talks, presentations, and exhibitions by top companies and experts.

The event also features Brazil’s Minister of Agriculture as a keynote speaker. Government representatives from Mexico, Peru, Argentina, Columbia and other Latin American countries are also participating.

In addition to domestic potash production strategies, conference programming covers global fertilizer price dynamics, new NPK plant investments, distribution logistics, raw material access, and more. The future of sustainable agrochemicals is another prominent theme this year.

For more information about the conference, click here.

The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a licensed professional for investment advice. The author is not an insider or shareholder of any of the companies mentioned above.