Brazil Potash executes definitive offtake pact with Keytrade

Brazil Potash (GRO) announced the execution of a definitive commercial offtake agreement between Potassio do Brasil Ltda., a wholly-owned subsidiary of the Company, and Keytrade Fertilizantes Brasil Ltda., the Brazilian subsidiary of Keytrade AG. The binding agreement establishes a 10-year take-or-pay commitment for Keytrade to purchase up to ~900,000 tons of potash annually from the Autazes Potash Project. This finalizes the memorandum of understanding announced on January 16, 2025. “This Agreement with Keytrade is a major milestone in Brazil Potash’s commercial development,” said Matt Simpson, CEO of Brazil Potash. “Combined with our existing take-or-pay agreement with Amaggi Exportacao E Importacao Ltda., we now have binding commitments for ~1.45 million tons of our planned ~2.4 million tons of annual production. These long-term contracts provide the revenue certainty essential for securing project financing and advancing construction.”