Basic needs of people and raw materials
The world’s population will continue to grow in numbers. Increasing prosperity in developing countries will also require more high-quality food. At the same time, around 820 million people on earth are starving today, i.e. around eleven percent of the world’s population. Fertilizers are therefore of great importance in agriculture. Plants thus receive an optimal nutrient composition. Sanctions against Russia and Belarus, major potash producers, are reducing the supply of fertilizers. And potash, for which demand is forecast to rise, stands for food security. The largest potash-producing countries include Canada, Russia, Belarus and China.
In Africa, in Gabon, Millennial Potash (- https://www.commodity-tv.com/ondemand/companies/profil/millennial-potash-corp/ -) is developing the Banio potash project. The company anticipates favorable production costs, and the large Brazilian market (a major potash consumer), easily accessible by sea, should provide buyers.
Another basic human need is to live in places with the cleanest air possible. However, many megacities, especially in China, India or Pakistan, struggle with extreme air pollution. To achieve climate goals and reduce CO2 emissions, electromobility is a proven way. Electric vehicles powered by lithium-ion batteries are also being increasingly registered worldwide. Lithium is to thank for this development. Energy storage with lithium-ion batteries is also driving progress in renewable energy applications such as solar and wind power.
Lithium, also known as white gold, is owned by Targa Exploration (- https://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ -), for example. The company’s projects are located in Quebec, Manitoba, Saskatchewan and Ontario.
Current corporate information and press releases from Millennial Potash (- https://www.resource-capital.ch/en/companies/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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