Sage Potash Corp V.SAGE

Addressing supply chain security & sustainability in the US

[MarketMakerss]

Interested in a company seeking to address supply chain security and sustainability and positioned to satisfy a significant portion of US potash demands? Check out Sage Potash (SAGE.v).

The opportunity here is significant; potash is a vital component in fertilizer and in ensuring our food supply in the growing agricultural industry, however, the US currently imports 94% of its potash requirements from Canada and 40% of the world's total potash supply comes from Russia and Belarus.

Notably, the current events including sanctions against Russia and Belarus as well as record low Mississippi River levels disrupting the US supply chain, it's critical for the US to develop its own domestic supply of potash in order to ensure food security.

With a focus on domestic US production of potash, SAGE is focused on ensuring local, accessible and efficient potash production to eliminate costly shipping fees, import charges and food security risks that come with outsourcing potash.

Consisting of over 88,000 acres of mineral leases and permit applications, SAGE's Sage Plains Project represents the largest potash deposit in the US that is close to pilot production in 1-2 years.

Initial production is expected to be 50,000 tonnes per year followed by a scaling up to 150,000 tonnes per year for 20 years.

Notably, SAGE's use of solution mining, which involves the "circulation of a salt-saturated water solution through an injection and recovery well to access potash-rich reserves", requires lower upfront costs while allowing for extraction from far greater depths.

In delivering a secure line of supply with its large-scale, high-grade potash resource due to its extensive resource located in Utah's Paradox Basin (known to host extensive underdeveloped world-class potash resources), SAGE is strongly positioned to satisfy a significant portion of US potash demands by establishing a local and reliable supply chain, protecting North America from unpredictable external factors.

For more information, check out this SAGE feature: https://twitter.com/Sage_Potash/status/1653859878996156416?s=19

Posted on behalf of Sage Potash Corp.