Why Potash and why the Republic of Congo?
The economics of global food production are transforming rapidly as the forces of growing global populations, rising living standards, urbanization and biofuels cultivation converge to create unprecedented demand for fertilizer to raise crop yields and transform the economics of crop production. The potash industry has high barriers to entry, and successful producers typically enjoy superior returns through the outstanding market fundamentals for a vital fertilizer input in relatively short supply. The Republic of Congo is set to be the newest entrant to this industry at a time of soaring prices and unprecedented demand. The advantages of the Republic of Congo over more established provinces of potash production, lie in its unrivalled logistics advantages, with all known potash mineralization within 100 kilometres of an established deep water port at Point Noire. Much of the world’s established potash resources lie in regions far from deep water ports, with lengthy and congested rail l