Breaking Ground: Brazil Potash’s Water Extraction Installation Licenses Now Fully Operational at Autazes Potash Project in the Amazonas State of Brazil

Introduction

MANAUS, Brazil, Dec. 30, 2024 (GLOBE NEWSWIRE) — Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, the Autazes Potash Project (the “Project”), announces that its wholly owned Brazilian subsidiary, Potassio do Brasil, has received two water resource operating licenses (“Outorga de uso de recurso hídrico”) from the Amazon State Environmental Protection Institute (IPAAM) for the Project.

Water Resource Operating Licenses

These licenses authorize the Company to operate two deep water wells that will provide potable water for both construction and operational phases of the Project and advance the previously granted Installation Licenses for construction. These wells will supply sufficient fresh potable water for the processing plant needs. These permits mark the first phase of operations for the Project.

How this will affect you

As a consumer, the operationalization of the water extraction installation at the Autazes Potash Project in the Amazonas State of Brazil means that the production of potash fertilizers is likely to increase. This could lead to improved agricultural yields and potentially lower prices for fertilizers, benefiting farmers and possibly consumers as well.

How this will affect the world

The successful operation of the water extraction installation at the Autazes Potash Project in Brazil is significant for the global agricultural industry. Increased production of potash fertilizers can contribute to enhancing food security on a global scale by improving crop yields and supporting sustainable agricultural practices. This development in the Amazonas State of Brazil could have a positive impact on international food production and supply chains.

Conclusion

In conclusion, the full operationalization of Brazil Potash’s water extraction installation licenses at the Autazes Potash Project in the Amazonas State of Brazil is a milestone that marks the beginning of a new phase for the company. With the ability to provide sufficient fresh potable water for construction and operational needs, the project is set to make a significant impact on both local agricultural production and global food security. This development represents a promising step towards sustainable and efficient fertilizer production in Brazil and beyond.