Low-Cost, High-Grade, Sylvinite Potash Project (Presentation)
Low-Cost, High-Grade, Sylvinite Potash Project (Presentation)
Low-Cost, High-Grade, Sylvinite Potash Project (Presentation)
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Strong <strong>Potash</strong> Industry Fundamentals<br />
Robust <strong>Potash</strong> Demand Fundamentals<br />
● Sustained growth of potash consumption<br />
Average of 5.2% per year from 2002 - 2007<br />
IFA forecasts 4.5% per year from 2010 - 2014<br />
● Key demand drivers: world population growth, shrinking<br />
arable land per capita, changes in global diets and growth in<br />
alternative fuels<br />
● Potential for majors (BHP, Vale, Rio, etc) to build a presence<br />
via greenfields development or M & A<br />
● Elemental only advanced low cost, high grade sylvinite project<br />
to match Tier 1 projects in North America<br />
● Brazil, the world’s second largest potash importer, is forecast<br />
to more than double its potash imports from 2010 to 2025<br />
● Capacity expansions expected to service forecast demand<br />
Source: CRU<br />
KCl (Mt)<br />
100<br />
80<br />
60<br />
40<br />
20<br />
0<br />
2000<br />
Nameplate Capacity Demand % of Nameplate Capacity<br />
Current Capacity<br />
2002<br />
2004<br />
2006<br />
2008<br />
2010<br />
2012<br />
2014<br />
2016<br />
2018<br />
2020<br />
2022<br />
2024<br />
100%<br />
80%<br />
60%<br />
40%<br />
20%<br />
0%<br />
Demand as % of Namplate<br />
Population Growth<br />
Population (bn)<br />
10<br />
9<br />
8<br />
7<br />
6<br />
5<br />
4<br />
3<br />
2<br />
1<br />
Brazil China India U.S. World<br />
-<br />
1950 1970 1990 2010 2030 2050<br />
Arable Land Decline<br />
Arable land (Ha per Capita)<br />
Strategic World Class <strong>Potash</strong> <strong>Project</strong><br />
1.2<br />
1.0<br />
0.8<br />
0.6<br />
0.4<br />
0.2<br />
0.0<br />
1961<br />
Source: FAO<br />
Brazil China India U.S. World<br />
1965<br />
1969<br />
1973<br />
1977<br />
1981<br />
1985<br />
1989<br />
1993<br />
1997<br />
2001<br />
2005<br />
2008<br />
7
Change language