The potash market

Demand for potash is growing year on year

More potash needed to feed the world

Source: World Bank, United Nations, FAO

Potash supply and demand

  • Total annual demand for MoP in 2019 was approximately 64 Mtpa
  • At present this supply is largely met by existing major suppliers including:
    • Nutrien: ~21 Mtpa
    • Uralkali: ~13 Mtpa
    • Belaruskali: ~13 Mtpa
    • Mosaic: ~12 Mtpa
  • Production from Kore’s Sintoukola basin will be very low cost delivered to target market compared with existing producers

2019 Supply

2019 Demand

Source: Argus
Note: All tonnages refer to KCl tonnages

Kore’s potash will supply demand growth