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Potash is produced worldwide in amounts exceeding 71.9 million tonnes (~45.4 million tonnes K 2 O equivalent [5]) per year as of 2021, with Canada being the largest producer, mostly for use in fertilizer. [6] Various kinds of fertilizer-potash constitute the single greatest industrial use of the element potassium in the world.
Phosphate rich organic manure is a type of fertilizer used as an alternative to diammonium phosphate and single super phosphate.. Phosphorus is required by all plants but is limited in soil, creating a problem in agriculture In many areas phosphorus must be added to soil for the extensive plant growth that is desired for crop production.
Potash is produced in Canada, Russia and Belarus, together making up over half of the world production. [47] Potash production in Canada rose in 2017 and 2018 by 18.6%. [48] Conservative estimates report 30 to 50% of crop yields are attributed to natural or synthetic commercial fertilizers.
Nutrien needed to satisfy the Chinese and Indian regulators because of concerns it would corner the potash market. [9] [10] [11] The sale closed on 5 December 2018. [12] In February 2019, Nutrien, through its Australian subsidiary Landmark Operations [13] announced the proposed acquisition of Australian rural retail organization RuralCo. [14]
The Mosaic Company was formed in October 2004 by a merger between IMC Global, a fertilizer company formed in 1909, and Cargill's crop nutrition division. It is a combined producer and marketer of concentrated phosphate and potash with a customer base which includes wholesalers, retail dealers and individual growers worldwide.
Chemical fertilizers have been shown to have runoff and it can contaminate groundwaters and are not economically feasible for third world countries. [1] One of the major sources for chemical fertilizers is potash ore. [2] The other concern with the potash ore is the supply is finite and is running out, hence the increase in pricing. [1]
The company was the world's largest potash producer and the third largest producer of nitrogen and phosphate, three primary crop nutrients used to produce fertilizer. At the end of 2011, the company controlled twenty percent of the world's potash production capacity, two percent of nitrogen production capacity and five percent of phosphate ...
Potassium sulfate (US) or potassium sulphate (UK), also called sulphate of potash (SOP), arcanite, or archaically potash of sulfur, is the inorganic compound with formula K 2 SO 4, a white water-soluble solid. It is commonly used in fertilizers, providing both potassium and sulfur.