Millennial Potash Corp. is pleased to provide an update on the planned construction of a port facility to service the mining, forestry, agriculture, oil and gas and fishing industries that is under development in the Mayumba area close to its Banio Potash Project in southern Gabon. The port is proposed to be developed in multiple phases with construction of Phase 1 scheduled to commence in Q3, 2023. Farhad Abasov [...]
Potash, an alkaline potassium compound, is a vital fertilizer component and plays a crucial role in the agricultural industry. The fertilizer ingredient first came on the market in 1960 following World War II, and since then the industry has experienced three major waves of heightened demand. The first wave was from the 1960s-1980s and was largely dominated by Canada's Saskatchewan deposit. The second wave from 1990 to [...]
Millennial Potash Corp. has engaged the services of TD Media LLC doing business as Life Water Media LLC to help raise on-line marketing awareness and to provide a comprehensive digital media marketing campaign for the company. Life Water Media is based out of Sugar Land, Texas. The Company has entered into a media services agreement with Life Water Media dated June 5, 2023, whereby the services to be provided by Life [...]
The global potash industry is facing a significant challenge due to the ongoing Russia-Ukraine war. Russia and Belarus, which together account for 35% of global potash production, are heavily impacted by the conflict. The sanctions imposed on Belarus and Russia have already impacted potash flows to international markets, and the extent of the disruption means that potash supply worldwide is highly uncertain. The Southern [...]
Millennial Potash Corp. is pleased to report that Mr. Paul Matysek has joined Millennial Potash Corp. as a Senior Strategic Advisor. Mr. Matysek has over 40 years of experience in mining and project development and his role will include involvement in all aspects of the Banio Potash Project including technical, financial, and marketing activities. Farhad Abasov, Millennial's Chair, commented, "Millennial is pleased to [...]
Potash, an alkaline potassium compound, is a vital fertilizer component and plays a crucial role in the agricultural industry. According to the U.S. Geological Survey, Canada, Russia, Belarus, and China are the world's top producers of potash. The demand for potash continues to rise, and as a result, Brazil has become one of the major global importers of potash. While Brazil's soil is phosphorus-rich, it lacks potassium [...]
Potash, an alkaline potassium compound, is a vital fertilizer component and plays a crucial role in the global food supply chain. However, the Russian-Ukraine war has disrupted the supply chain. Canada, Russia, and Belarus account for 70% of worldwide potash production, and Canada, the world's largest producer of potash, has been unable to fill the gap left by the conflict, leading to a global potash shortage and rising [...]
Canada-based miner Millennial Potash has recently acquired the Banio Potash Project in Gabon. The Gabon coastline is rich in potash deposits, presenting a possibly unique opportunity for the global potash supply chain. Potash, an alkaline potassium compound, is a vital fertilizer component and plays a crucial role in the agriculture industry. The global supply of potash is experiencing supply-chain disruptions, which is [...]
Potash, an alkaline potassium compound, is a vital fertilizer component and plays a crucial role in the global food supply chain. As a critical source of potassium, it is essential for plant growth, helping to promote strong root development, disease resistance, and overall plant health. With the world's population growing rapidly and arable land becoming scarcer, the demand for high-quality fertilizer is only increasing [...]
Millennial Potash Corp. is pleased to report that its common shares are now eligible to be electronically cleared and settled in the United States through the Depository Trust Company . DTC eligibility makes the shares more accessible to investors in the United States. The company's shares recently began trading on the OTCQB, under symbol MLPNF. The DTC is a subsidiary of the Depository Trust and Clearing Corp., a U.S [...]
Millennial Potash Corp. is pleased to report it has received a new interpretation of the 2D historic seismic data from its Banio Potash Project. The interpretation was completed by GeoPeople and SW Geophysics consultancies, both UK based firms specializing in the interpretation and modelling of seismic data. Farhad Abasov, Millennial's Chair, commented, "Millennial is pleased to have received the reinterpretation of the [...]
Millennial Potash Corp. is pleased to provide an update regarding exploration activities at its Banio Potash Project in Gabon. The Company has made significant progress in its mobilization program including rehabilitation of the exploration camp with modern communications, initiating construction of the access road to planned drillhole BA-004, prepping and upgrading rotary drill rig equipment on site, initiating seismic [...]