Sepror and Potássio do Brasil (Brazil Potash) have joined forces to push forward the development of the mining industry in Amazonas, a move set to generate thousands of jobs within the next four years. This collaboration aims to explore the mineral sylvinite, the primary raw material for potassium, in the municipality of Autazes, located 113 kilometers from Manaus.

Potássio do Brasil Ltda, led by president Adriano Espeschit, is at the forefront of this project. The company is already in the implementation phase, complying with various legal and environmental standards. This Wednesday, Espeschit met with the Secretary of State for Rural Production, Daniel Borges, and executive secretaries Larissa França and Eirie Vinhote to discuss a Technical Cooperation Agreement (TCT). This agreement aims to benefit the communities in the Rio Madeira region where the mining industry will be established.

Daniel Borges commented: “We, as the Government of Amazonas, support the Autazes Potassium Project with great enthusiasm, understanding that the demand for this mineral is large and permanent, that is, it will greatly help the Brazilian Primary Sector, in addition to the benefits of implementing this structure in the interior of our state, which will benefit thousands of people with new job opportunities, all aligned with the Amazon region and its specificities.”

The exploration of sylvinite has been contemplated for over 30 years. Now, it is on the verge of becoming a reality, promising to bring significant economic benefits to the local population. The projects under this initiative will include individual and collective training, as well as the creation of new businesses to supply products and services, such as uniforms and food for the employees of Potássio do Brasil.

Daniel Borges emphasized that the development of the Primary Sector is a key priority for Governor Wilson Lima. The exploration of Autazes Sylvinite stands out as a major driver of this development. Potássio do Brasil plans to occupy a 500-hectare area for the exploration of sylvinite. However, the company’s social commitments extend beyond this area. They include acquiring land for economically viable crops, which was among the topics discussed during the meeting. These proposals aim to bring development to the indigenous communities and tribes of the Mura ethnic group residing in the region.

“Potassio do Brasil began investing in the Amazon in 2016 and we have already outlined several projects that will bring sustainable development to this region, even before the Silvinita mining industry began operating. So, in addition to all the licensing and authorization, we are seeking out stakeholders like Sepror, to be as assertive as possible regarding the needs of the communities and the correct way to reach them. I am grateful for the reception and I assure you that I am optimistic about the possibility of a partnership with Sepror”, highlighted Adriano Espeschit.

Potássio do Brasil has guaranteed that at least 80% of the workforce in the silvinite exploration industry will be sourced from Amazonas, with a preference for individuals from the Autazes region. This commitment opens up numerous opportunities for training and employment for the local population.

In addition to this major project, Potássio do Brasil has already initiated several other projects in collaboration with various institutions. One notable partnership is with the Brazilian Agricultural Research Corporation (Embrapa). Together, they have established two native tree seedling nurseries, which have produced tens of thousands of trees. Two indigenous staff members have planted at least 60,000 trees on deforested and degraded lands, contributing significantly to the restoration of the green layer above ground.

The partnership between Sepror and Potássio do Brasil marks a significant step forward in the development of the mining industry in Amazonas. With the alignment of the Technical Cooperation Agreement and the ongoing projects, this collaboration promises to bring economic growth, job creation, and environmental restoration to the region. The exploration of sylvinite in Autazes is set to become a cornerstone of Amazonas’ economic development, benefiting both the local population and the broader region.

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.