Record low Mississippi levels disrupt fertilizer deliveries Record low Mississippi River levels are currently disrupting fertilizer deliveries to the US Corn Belt and disrupting the supply chain as the demand for fertilizer outpaces domestic supply.
As the world is on the verge of a global food crisis, this has wide-ranging impacts, especially throughout the US as it imports 95% of its potash requirements from Canada.
Potash's capabilities as a fertilizer make it a critical mineral in the support of agricultural production, making it necessary to safeguard the supply.
Sage Potash (SAGE.v) is strategically positioned to combat this supply deficit and deliver a secure line of potash with its large-scale, high-grade potash resource within the Paradox Basin of Southeast Utah, an area known to host large, high-quality potash resources.
In pioneering a new scalable, environmentally friendly and cost-effective method of potash production in the US, SAGE is on track to ensure a short path to initial production.
Notably, SAGE is strongly positioned to satisfy a significant portion of US potash demands as its land portfolio consists of almost 90,000 acres of mineral leases and an inferred resource of 279.5 MMT high-grade potash.
Posted on behalf of Sage Potash Corp.