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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.
Agricultural use of inorganic fertilizers in 2021 was 195 million tonnes of nutrients, of which 56% was nitrogen. [20] Asia represented 53% of the world's total agricultural use of inorganic fertilizers in 2021, followed by the Americas (29%), Europe (12%), Africa (4%) and Oceania (2%). This ranking of the regions is the same for all nutrients.
The main potash mining company in Saskatchewan until its merge was the Potash Corporation of Saskatchewan, now Nutrien. [60] The water of the Dead Sea is used by Israel and Jordan as a source of potash, while the concentration in normal oceans is too low for commercial production at current prices. [58] [59]
Russian potash producer Uralkali reached a pricing agreement Monday with Chinese fertilizer importers for the first half of 2013 at $305 per metric tonne, and though that represents a 24% discount ...
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 ...
Roth MKM analyst Joe Reagor initiated coverage on Brazil Potash Corp. (AMEX:GRO) with a Buy rating and a price target of $17, citing the company’s undervalued Autazes potash project. According ...
The conventional wisdom, or at least the knee-jerk reaction, appears to be that investors should buy the fertilizer stocks and specifically the potash miners due to the conflict in Ukraine.
Dead Sea Works is the world's fourth-largest producer and supplier of potash products. [6] The company also produces magnesium chloride, industrial salts, de-icers, bath salts, table salt, and raw materials for the cosmetic industry. [6] It has customers in over 60 countries. Dead Sea Works is part of the Fertilizers Division of Israel ...