RSS Brazil Potash Secures Key Partnership With Keytrade AG For Potash Offtake

[Crax Bot]

Brazil Potash Corp. (GRO), the company spearheading the development of Brazil's largest potash fertilizer initiative, has unveiled a crucial collaboration. In a recent announcement, the company disclosed that its fully owned subsidiary, Potássio do Brasil Ltda., has entered into a memorandum of understanding with Keytrade AG, a prominent player in the global fertilizer trade.

The memorandum outlines the possibility for Keytrade to acquire up to one million tons of potash annually from Brazil Potash's Autazes Potash Project.

This agreement is a significant step for Brazil Potash as it advances plans to construct and operate the Autazes Potash Project, which is anticipated to be instrumental in bolstering Brazil's agricultural sector.

Currently, GRO shares are trading at $7.26, reflecting a 10 percent increase, or $0.66, on the New York Stock Exchange.

The material has been provided by InstaForex Company - www.instaforex.com

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