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Fertilizer use is the main driver behind potash consumption, especially for its use in fertilizing crops that contribute to high-protein diets. [22]: 23 As of at least 2010, more than 95% of potash is mined for use in agricultural purposes. [22]: 24 Elemental potassium does not occur in nature because it reacts violently with water. [34]
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]
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.
ICL produces approximately a third of the world's bromine, and is the world's sixth-largest potash producer. [10] It is a manufacturer of specialty fertilizers and specialty phosphates, flame retardants and water treatment solutions. [11] ICL is majority controlled by the Israel Corporation, one of the largest Israeli conglomerates.
Potash is recovered from surface brine of the Dead Sea, at plants in Israel and Jordan. In 2013 Dead Sea brine provided 9.2% of the world production of potash. [14] As of 1996, the Dead Sea was estimated to contain 2.05 million tons of potassium chloride, the largest brine reserve of potassium other than the ocean. [13]
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 ...
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 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 ...