Brazil Potash Launches Archaeological Monitoring, Rescue Program, and Heritage Education for the Autazes Potash Project
Brazil Potash Corp (NYSE-American: GRO) has initiated its Archaeological Monitoring, Rescue Program, and Heritage Education for the Autazes Potash Project in Brazil. The program, which has received approval from the National Institute of Historic and Artistic Heritage (IPHAN), marks a significant milestone in protecting historical and archaeological heritage in the project area.
The implementation is based on previously conducted diagnostic studies and archaeological prospecting. The work, set to commence imminently, will be carried out according to IPHAN's standards and follows Brazilian federal legal requirements. Adriano Espeschit, President of Potássio do Brasil, the Company's Brazilian subsidiary, emphasized this initiative as a step toward preserving Amazonian culture for future generations.
Brazil Potash Corp (NYSE-American: GRO) ha avviato il suo Programma di Monitoraggio Archeologico, di Salvataggio e di Educazione al Patrimonio per il Progetto di Potassio di Autazes in Brasile. Il programma, che ha ricevuto l'approvazione dall'Istituto Nazionale del Patrimonio Storico e Artistico (IPHAN), rappresenta un traguardo significativo nella protezione del patrimonio storico e archeologico nell'area del progetto.
L'implementazione si basa su studi diagnostici precedentemente condotti e su rilevazioni archeologiche. I lavori, che inizieranno a breve, verranno eseguiti secondo gli standard dell'IPHAN e seguiranno i requisiti legali federali brasiliani. Adriano Espeschit, presidente di Potássio do Brasil, la sussidiaria brasiliana dell'azienda, ha sottolineato questa iniziativa come un passo verso la preservazione della cultura amazzonica per le future generazioni.
Brazil Potash Corp (NYSE-American: GRO) ha iniciado su Programa de Monitoreo Arqueológico, Rescate y Educación del Patrimonio para el Proyecto de Potasa de Autazes en Brasil. El programa, que ha recibido la aprobación del Instituto Nacional de Patrimonio Histórico y Artístico (IPHAN), marca un hito significativo en la protección del patrimonio histórico y arqueológico en el área del proyecto.
La implementación se basa en estudios diagnósticos realizados anteriormente y en prospecciones arqueológicas. Los trabajos, que comenzarán inminentemente, se llevarán a cabo de acuerdo con los estándares del IPHAN y siguiendo los requisitos legales federales brasileños. Adriano Espeschit, presidente de Potássio do Brasil, la subsidiaria brasileña de la empresa, enfatizó esta iniciativa como un paso hacia la preservación de la cultura amazónica para las generaciones futuras.
Brazil Potash Corp (NYSE-American: GRO)는 브라질의 아우타제스 칼륨 프로젝트를 위해 고고학 모니터링, 구조 프로그램 및 유산 교육을 시작했습니다. 이 프로그램은 국립 역사 예술 유산 연구소(IPHAN)의 승인을 받았으며, 프로젝트 지역의 역사적 및 고고학적 유산을 보호하는 데 중요한 이정표가 됩니다.
구현은 이전에 수행된 진단 연구 및 고고학적 탐사에 기반합니다. 작업은 곧 시작될 예정이며 IPHAN의 기준에 따라 수행되고 브라질 연방 법규를 준수합니다. 회사의 브라질 자회사인 Potássio do Brasil의 회장인 아드리안오 에스페시트는 이 이니셔티브가 미래 세대를 위한 아마존 문화 보존을 위한 첫걸음이라고 강조했습니다.
Brazil Potash Corp (NYSE-American: GRO) a lancé son Programme de Surveillance Archéologique, de Sauvetage et d'Éducation au Patrimoine pour le Projet de Potasse d'Autazes au Brésil. Ce programme, qui a reçu l'approbation de l'Institut National du Patrimoine Historique et Artistique (IPHAN), marque une étape significative dans la protection du patrimoine historique et archéologique dans la zone du projet.
La mise en œuvre est basée sur des études diagnostiques préalablement réalisées et sur des prospections archéologiques. Les travaux, qui doivent commencer prochainement, seront réalisés conformément aux normes de l'IPHAN et respecteront les exigences légales fédérales brésiliennes. Adriano Espeschit, président de Potássio do Brasil, la filiale brésilienne de l'entreprise, a souligné que cette initiative constitue un pas vers la préservation de la culture amazonienne pour les générations futures.
Brazil Potash Corp (NYSE-American: GRO) hat sein Programm zur archäologischen Überwachung, Rettung und Bildung des Erbes für das Autazes-Kaliumprojekt in Brasilien initiiert. Das Programm, das die Genehmigung des Nationalen Instituts für historische und künstlerische Erbes (IPHAN) erhalten hat, stellt einen bedeutenden Meilenstein zum Schutz des historischen und archäologischen Erbes in der Projektregion dar.
Die Umsetzung basiert auf zuvor durchgeführten Diagnosestudien und archäologischen Erkundungen. Die Arbeiten, die in Kürze beginnen werden, erfolgen nach den Standards von IPHAN und entsprechen den brasilianischen bundesrechtlichen Anforderungen. Adriano Espeschit, Präsident von Potássio do Brasil, der brasilianischen Tochtergesellschaft des Unternehmens, betonte diese Initiative als einen Schritt zur Bewahrung der Amazonas-Kultur für zukünftige Generationen.
- Received regulatory approval from IPHAN for archaeological program
- Project implementation proceeding on schedule with imminent work commencement
- None.
Insights
The initiation of Brazil Potash's archaeological program for the Autazes Project represents a standard but necessary regulatory compliance step in the project's development pathway. This program's launch signals that the project is advancing through its pre-construction phase, though its primary significance lies in risk mitigation rather than direct value creation.
The archaeological program's commencement has several key implications:
- Project Timeline Impact: This represents a critical path item for construction commencement, suggesting the project is maintaining its development schedule
- Risk Management: Proactive archaeological assessment reduces the risk of costly construction delays due to unexpected discoveries during development
- Stakeholder Relations: The program demonstrates commitment to local heritage preservation, potentially strengthening relationships with indigenous communities and local stakeholders
From an investor perspective, while this development doesn't directly impact near-term financials, it removes one of several regulatory hurdles necessary for project advancement. The immediate commencement of field work suggests the company is maintaining momentum in its development timeline, though multiple other permits and approvals will still be required before construction can begin.
- Launch of activities to carry out archaeological preservation at the Autazes Potash Project.
- Work complies with Brazilian federal legal standards approved by the (IPHAN) National Institute of Historic and Artistic Heritage.
- The Archaeological Program is an important part of the implementation of the Autazes Potash Project to ensure the protection of archaeological artifacts in the project area.
MANAUS, Brazil, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE-American: GRO), a company developing and constructing Brazil's largest potash fertilizer project, today announced it has commenced its Archaeological Monitoring, Rescue Program, and Heritage Education for the Autazes Potash Project (the “Project”), an important milestone for the safeguarding and protection of the historical and archaeological heritage in the project area. Work at site is planned to commence imminently.
The scope of work has been approved by the National Institute of Historic and Artistic Heritage (IPHAN), which authorizes the Company to carry out the program in accordance with its standards. The implementation of the Archaeological Monitoring, Rescue Program, and Heritage Education for the Project is based on diagnostic studies and archaeological prospecting previously conducted.
“With the signing of this contract, we are taking another step in our commitment, as a corporate citizen, to the memory and preservation of Amazonian culture for future generations,” said Adriano Espeschit, President of Potássio do Brasil, the Company’s Brazilian subsidiary. “The areas for the project’s implementation are the subject of prior studies that identified occurrences with archaeological potential, as approved in our project with IPHAN. This field work is being advanced based on extensive research and archaeological monitoring of the areas where we will be implementing the Autazes Potash Project,” he added.
About Brazil Potash
Brazil Potash (NYSE-American: GRO) (www.brazilpotash.com) is developing Brazil’s largest potash project that will supply sustainable fertilizers to one of the world’s largest agricultural exporters. Brazil is critical for global food security as the country has amongst the highest amounts of fresh water, arable land, and an ideal climate for year-round crop growth, but is vulnerable as it imported over
Forward-Looking Statements Disclaimer
This press release includes forward-looking statements, which are statements that are not historical facts. Words such as “expects”, “anticipates” “believes” and “intends” or similar expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements relating to the archeological monitoring, rescue program and heritage education for the Autazes Project, the planned construction of the Autazes Project and the benefits of such project are subject to risks and uncertainties, many of which are beyond the control of the Company, including those described in the “Risk Factors” section of the Company’s registration statement on Form F-1, as amended, for the IPO filed with the SEC in connection with the IPO, and the supplemented PREP prospectus filed in each of the provinces and territories of Canada, other than Québec. Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, unless required by law.
Contact:
Brazil Potash Investor Relations
info@brazilpotash.com
FAQ
What archaeological program has Brazil Potash (GRO) launched for the Autazes Project?
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