Brazil Potash Corp.: A Rare Disruptor in the World's Largest Market

Brazil Potash Corp. (NYSE: GRO) is advancing efforts to become Brazil's largest potash fertilizer mining company. With 2.4 million tons of underground mining capacity, the Autazes project is designed to disrupt a geopolitically fragile supply chain. GRO estimates delivered cost of potash from the local facility will be approximately half the average of imported potash, creating a comfortable margin cushion. The company has secured 91% of its planned annual production via binding take-or-pay agreements. With a current market cap of $135 million, management anticipates a steady $1 billion annual EBITDA stream at full production.