SAO PAULO (Reuters) — Toronto-based miner brazil potash faces an uphill battle to keep its plans for extracting potash from beneath the Amazon rainforest on schedule after it lost a key court ruling this week. The company’s chief executive, Adriano Espeschit, said the court’s decision to give the federal environmental agency Ibama jurisdiction over the licensing process could slow things down, even if the mine’s footprint does not fall on demarcated indigenous territory, as Brazil Potash maintains.
While the company awaits final approval, it’s already working to make a difference in the local community around its Autazes potash project 120 km southeast of Manaus. The company has donated food to the community and partnered with the state government to plant tree seedlings for sustainable agriculture in rural communities surrounding the project. These seedlings will boost agricultural production, provide a source of income, and help mitigate climate change by sequestering greenhouse gasses.
Exploring Brazil’s Potash Mines: A Journey Underground
Once the company gets all its necessary regulatory approvals, it will begin mining its high-quality fertilizer and delivering it to farmers allowing them to grow the food that will feed the world. Creating this global supply chain will help alleviate hunger and poverty in the developing world while also addressing the second UN Sustainable Development Goal of providing universal access to adequate nutrition.
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