Millennial Potash initiated with a Buy at Cantor Fitzgerald

Cantor Fitzgerald initiated coverage of Millennial Potash (MLPNF) with a Buy rating and C$6 price target Millennial Potash is advancing its 100%-owned Banio project toward initial production in 2028-2029, which is viewed as a Tier One global potash asset with low capital intensity, low operating costs, a long mine life, and strong economics, the analyst tells investors in a research note. The company is considered a high-probability takeover candidate and plans to export production to Brazil, the world’s largest potash importer, Cantor says.