Besides the white gold, lithium, potash not forgotten
Investors should not only look at precious metals or lithium, but also at potash, because the demand for it is growing.
(PresseBox) - Healthy, high-yielding plants need nutrients, i.e. fertilizers that contain potash. These minerals are found in large evaporite deposits from ancient seabeds, lakes or in rock formations. Potash is mined mainly in Canada, Russia and Belarus. There are four types of potash that dominate the market, these are sylvite, polyhalite, langbeinite and carnallite. Potassium chloride is also called sylvite, it is the "normal potash" and also the most common form. The standard price for potash, the price investors see, usually refers to potassium chloride (MOP). This fertilizer is most often used on corn, sugar beets, celery and chard. MOP is the largest potash market. The largest deposits of sylvite are in Saskatchewan, Canada. Polyhalite (SOP) is the second most common form of potash used. It is composed of potassium and sulfur, and improves yields and crop quality. SOP is more difficult to produce, therefore much more expensive than MOP. Langbeinite is a potassium-magnesium form of potash and more of a niche product. Carnallite is mined in various countries, it is a good form of potash. Today, potash exploration and development companies are working diligently on projects, as increasing demand should ensure lucrativeness. New potash mines and project expansions are therefore expected in 2025. Among the new companies is Millennial Potash - https://www.commodity-tv.com/play/millennial-potash-successful-financing-for-the-start-of-aggressive-exploration-and-development-plan/ - with its Banio potash mining project in Gabon, Africa. The management has extensive experience in potash mining.
Kali is therefore of great importance for the future of the world's food supply. Along with food, energy is one of the important everyday needs of mankind today. In this context, a particularly interesting element plays a role in the era geared to CO2 neutrality. Lithium. It is extremely important for power storage and electric mobility and should be included in investment decisions. One company working in Quebec and in Manitoba on two very prospective lithium deposits is Targa Exploration. In addition, Targa Exploration - https://www.commodity-tv.com/play/mining-newsflash-with-alpha-lithium-hannan-metals-gold-royalty-and-targa-exploration/ - has an option on a silver-gold project in the Yukon Territory.
Latest company information and press releases from Millennial Potash (https://www.resource-capital.ch/de/unternehmen/millennial-potash-corp/)
In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.
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Unternehmensinformation / Kurzprofil:
Datum: 07.03.2023 - 09:13 Uhr
Sprache: Deutsch
News-ID 678705
Anzahl Zeichen: 4867
contact information:
Contact person: Jochen Staiger
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