Brazil Potash Corp. shares rise 1.55% in after-hours after successful launch of BDR, enhancing domestic investment base.

Brazil Potash Corp. surged 1.55% in after-hours trading, following the successful launch of its Brazilian Depositary Receipts (BDRs), which provides Brazilian investors direct access to the company and strengthens its domestic investment base. The project aligns with Brazil's national fertilizer plan, aiming to reduce dependence on fertilizer imports from 85% to 45% by 2050. Additionally, the Autazes project has been designated as a 'national priority project' by the Brazilian federal government, indicating preferential treatment in approvals and support.