A World-Class Investment in Food Security
Strategic Value: Delivered Cost Advantage
Illustrative Brazilian Cost Curve¹
Brazil Expenses
Inland Transportation
Port Costs
Ocean Freight
Transport to FOB
Royalties
Production
Brazilian
Potash
Demand
BRAZIL
POTASH
20%
40%
60%
80%
H
100%
Autazes anticipated to have the most competitive tonnes to market and significant market share of ~17%
Delivered cost to the grower is estimated to be more competitive than the next most competitive tonne and more competitive than marginal cost
Source: CRU, Brazil Potash, Integer; Notes: (1) Represents illustrative Rondonopolis delivered MOP costs for MOP arriving in port of Paranaguá and going to Rondonopolis, based on forecast 2027
costs and percentages applied, volumes interpolated from 2017 port data.
BRAZIL
POTASH
19View entire presentation