Food security and food crises are a global concern and with significant events occurring including the world’s population rising, a struggle to meet climate targets and the war in Ukraine "triggering particularly severe disruptions to global markets for critical raw materials", it's necessary to have preventative measures and one such way is by safeguarding fertilizers.
Fertilizers are crucial to enhance crop yield and quality, however, the volatility of the past 18 months has impacted both production rates and prices of fertilizer ingredients.
Sage Potash (SAGE.v) is one company exploring a large-scale, high-grade potash resource within the Paradox Basin of Southeast Utah and is pioneering a new scalable, environmentally friendly and cost-effective method of potash production in the US.
SAGE's method could ensure a short path to initial production with a land portfolio consists of almost 90,000 acres of mineral leases and an inferred resource of 159.3MMT in the upper potash bed and 120.2 MMT for the lower potash bed.
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Posted on behalf of Sage Potash Corp.