Source: Millennial Potash.
  • The Russia-Ukraine war has disrupted the global potash supply chain, leading to a shortage and rising prices
  • Canada, Russia, and Belarus account for 70 per cent of worldwide potash production, but Canada has been unable to fill the supply gap caused by the conflict
  • Millennial Potash (MLP) has acquired the Banio Potash Project in Gabon, which has significant potash deposits strategically located on Africa’s Atlantic coast
  • The project has the potential to make Millennial a major player in the global potash market and provide a reliable source of potash for countries worldwide
  • Millennial Potash is developing its flagship potash project in Gabon in the West Africa Potash Basin
  • Millennial Potash (MLP) opened today at $0.45 per share

The Russia-Ukraine war has disrupted the global potash supply chain, leading to a shortage and rising prices.

Canada, Russia, and Belarus account for the majority of potash production, but Canada has been unable to compensate for the supply gap caused by the conflict.

With the world projected to need 70 per cent more food production by 2050, potash is a critical resource for ensuring a sustainable future.

In the midst of this crisis, Millennial Potash (MLP) has acquired the Banio Potash Project in Gabon, offering a potential solution.

Gabon’s coastline is rich in potash deposits, with an estimated two billion tons of potassium salts, making it one of the largest potash basins globally. Its strategic location on the Atlantic coast gives Gabon a cost advantage due to its proximity to major potash markets in Brazil, Asia, and Europe. Millennial Potash’s acquisition of this basin positions it favorably to become a significant player in the global potash market.

Millennial Potash also sets itself apart with an exceptional board and management team. Led by individuals with a successful track record in building and exiting resource companies, including recent successes such as Millennial Lithium, the team’s experience and expertise in potash and large mining projects are expected to contribute to the success of the Banio Potash Project.

Millennial Potash’s acquisition in Gabon presents a promising opportunity to meet the growing demand for fertilizer and provide a reliable source of potash for global communities.

Millennial Potash (MLP) opened today at $0.45 per share.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.


More From The Market Online
image via Military Metals Corp.

Thanks to critical minerals, Military Metals spared from U.S. tariffs

Military Metals (CSE:MILI) welcomed the U.S. decision to exclude a key group of minerals from the sweeping “Liberation Day” reciprocal tariffs
Nintendo Switch 2 logo

The tariff drama bugging Nintendo isn’t hurting its stock

Despite making headlines thanks to controversy and pausing Nintendo Switch 2 pre-orders, Nintendo (OTC:NTDOY) stock hasn’t been damaged.
ai generated stock image

@ the Bell: Market roller coaster takes another dizzying lap

Canada’s main stock index rebounded from seven-month lows on Tuesday after three consecutive sessions of heavy selling.
Stock image generated with AI

@ the Bell: Market chaos drags TSX to 7-month low

The TSX plummeted on Monday as recession concerns grew, following US President Donald Trump's unwavering stance on his extensive tariff plans.