Brazil Potash (NYSE American: GRO) Converts Its Water Extraction Installation Licenses Into Full Operational Permits at Its Autazes Potash Project Located in the Amazonas State of Brazil
Brazil Potash (NYSE American: GRO) has received two water resource operating licenses from IPAAM for its Autazes Potash Project in Brazil. These licenses convert previously granted Installation Licenses into operational permits, allowing the company to operate two deep water wells that will provide potable water for both construction and operational phases of the project.
The water supply system is strategically divided between the processing plant area and port facilities, located approximately 8 kilometers apart. The deep wells, situated within the plant site boundaries, have been independently tested and confirmed to meet all regulatory requirements for both water quality and quantity, including sustainable usage parameters.
Brazil Potash (NYSE American: GRO) ha ricevuto due licenze operative per le risorse idriche da IPAAM per il suo Autazes Potash Project in Brasile. Queste licenze convertono le precedentemente concesse Licenze di Installazione in permessi operativi, consentendo all'azienda di gestire due pozzi d'acqua profondi che forniranno acqua potabile per le fasi di costruzione e operative del progetto.
Il sistema di approvvigionamento idrico è strategicamente suddiviso tra l'area dell'impianto di lavorazione e le strutture portuali, situate a circa 8 chilometri di distanza. I pozzi profondi, situati all'interno dei confini dell'impianto, sono stati testati in modo indipendente e confermati per soddisfare tutti i requisiti normativi sia per la qualità che per la quantità dell'acqua, inclusi i parametri di uso sostenibile.
Brazil Potash (NYSE American: GRO) ha recibido dos licencias operativas de recursos hídricos de IPAAM para su Autazes Potash Project en Brasil. Estas licencias convierten las Licencias de Instalación previamente concedidas en permisos operativos, permitiendo a la empresa operar dos pozos de agua profunda que suministrarán agua potable tanto para las fases de construcción como para las operativas del proyecto.
El sistema de suministro de agua está estratégicamente dividido entre el área de la planta de procesamiento y las instalaciones portuarias, ubicadas a aproximadamente 8 kilómetros de distancia. Los pozos profundos, situados dentro de los límites del sitio de la planta, han sido probados de manera independiente y confirmados para cumplir con todos los requisitos regulatorios tanto de calidad como de cantidad de agua, incluidos los parámetros de uso sostenible.
브라질 포타시 (NYSE American: GRO)는 브라질의 아우타제스 포타시 프로젝트에 대해 IPAAM으로부터 두 개의 수자원 운영 허가를 받았습니다. 이러한 허가는 이전에 부여된 설치 허가를 운영 허가로 전환하여 회사가 두 개의 깊은 우물을 운영할 수 있도록 하며, 이 우물은 프로젝트의 건설 및 운영 단계에 필요한 식수를 제공합니다.
수자원 공급 시스템은 처리 공장 지역과 항만 시설 사이에 전략적으로 나뉘어 있으며, 이 두 곳은 약 8킬로미터 떨어져 있습니다. 공장 부지 내에 위치한 깊은 우물은 독립적으로 테스트되어 수질 및 수량에 대한 모든 규제 요건을 충족하며, 지속 가능한 사용 매개변수도 포함되고 있습니다.
Brazil Potash (NYSE American: GRO) a reçu deux licences d'exploitation des ressources hydriques de l'IPAAM pour son Autazes Potash Project au Brésil. Ces licences transforment les Licences d'Installation précédemment accordées en permis d'exploitation, permettant à l'entreprise d'exploiter deux puits d'eau profonde qui fourniront de l'eau potable tant pour les phases de construction que pour les phases opérationnelles du projet.
Le système d'approvisionnement en eau est stratégiquement divisé entre la zone de l'usine de traitement et les installations portuaires, situées à environ 8 kilomètres l'une de l'autre. Les puits profonds, situés à l'intérieur des limites du site de l'usine, ont été testés de manière indépendante et confirmés pour répondre à toutes les exigences réglementaires en matière de qualité et de quantité d'eau, y compris les paramètres d'utilisation durable.
Brazil Potash (NYSE American: GRO) hat zwei Betriebslizenzen für Wasserressourcen von IPAAM für sein Autazes Potash Project in Brasilien erhalten. Diese Lizenzen wandeln zuvor erteilte Installationslizenzen in Betriebserlaubnisse um, wodurch das Unternehmen zwei Tiefbrunnen betreiben kann, die Trinkwasser sowohl für die Bau- als auch für die Betriebsphasen des Projekts bereitstellen.
Das Wasserversorgungssystem ist strategisch zwischen dem Verarbeitungsanlagenbereich und den Hafeneinrichtungen aufgeteilt, die etwa 8 Kilometer voneinander entfernt liegen. Die Tiefbrunnen, die sich innerhalb des Werksgeländes befinden, wurden unabhängig getestet und bestätigt, dass sie alle regulatorischen Anforderungen sowohl an die Wasserqualität als auch an die -menge erfüllen, einschließlich der Parameter für nachhaltige Nutzung.
- Obtained operational permits for water extraction, advancing from installation licenses
- Secured sustainable water supply for both construction and operational phases
- Strategic location of wells within project boundaries reduces operational risks
- Independent testing confirms compliance with regulatory requirements
- None.
Insights
The conversion of water extraction installation licenses to operational permits represents a important regulatory milestone for Brazil Potash's Autazes Project. The permits, granted by IPAAM, validate the project's water management strategy and demonstrate regulatory compliance for both construction and operational phases. The deep wells' location within the plant site boundaries optimizes operational efficiency while minimizing environmental impact.
The strategic positioning of water infrastructure, with processing plant and port facilities separated by 8 kilometers, indicates thoughtful planning for long-term operational sustainability. The confirmation of water quality and quantity meeting regulatory standards, including sustainable usage parameters, suggests robust environmental due diligence. This development reduces operational risks related to water access and regulatory compliance.
This regulatory advancement carries strategic significance for Brazil's agricultural sector. Brazil, as one of the world's largest agricultural producers, heavily depends on imported potash, with approximately
The project's advancement towards operational status signals positive momentum for Brazil's efforts to reduce agricultural input dependency. For investors, this represents progress in de-risking the project, as water access and environmental compliance are critical aspects of mining operations. The governmental support mentioned suggests favorable political alignment for project advancement.
- Water operations supported and approved by IPAAM, the Amazonas State Environmental Protection Institute
- Fresh water wells located at future processing plant site cover all potable water needs during construction and operations
MANAUS, Brazil, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Brazil Potash Corp. (“Brazil Potash” or the “Company”) (NYSE American: GRO), a company developing and constructing the largest potash fertilizer project in Brazil, the Autazes Potash Project (the “Project”), announces that its wholly owned Brazilian subsidiary, Potassio do Brasil, has received two water resource operating licenses ("Outorga de uso de recurso hídrico") from the Amazon State Environmental Protection Institute (IPAAM) for the Project. These licenses authorize the Company to operate two deep water wells that will provide potable water for both construction and operational phases of the Project and advance the previously granted Installation Licenses for construction. These wells will supply sufficient fresh potable water for the processing plant needs. These permits mark the first phase of operations for the Project.
The water resource operating permits cover the Project's comprehensive water supply system, which is strategically divided between the processing plant area and port facilities located approximately 8 kilometers away. The deep wells, located within the plant site boundaries, are designed to meet all drinking quality (potable) water requirements during the construction phase and for future operations.
"Securing these water resource operating permits represents a key advancement in our construction," said Matt Simpson, Chief Executive Officer of Brazil Potash. "Independent testing has confirmed both water quality and quantity meet all regulatory requirements, including sustainable usage parameters. Having dedicated, high-quality water sources within our project boundaries enhances our operational planning and demonstrates our commitment to sustainable resource management."
Mr. Simpson continued, "we continue to advance the Project, with strong support from all levels of government who recognize the urgent need to establish domestic potash production for Brazilian farmers. This license represents another step forward in our mission to provide Brazilian farming communities with a secure, domestic source of potash."
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 imports over
Cautionary Note Regarding Forward-Looking Statements
This press release includes forward-looking statements, which are statements that are not historical facts. Words such as “expects”, “anticipates” and “intends” or similar expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements relating to securing two water resource operating licenses, 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 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 water permits did Brazil Potash (GRO) receive for its Autazes Project in December 2024?
How will the water permits benefit Brazil Potash's (GRO) Autazes Project operations?
What is the strategic layout of GRO's water supply system at the Autazes Project?
Have GRO's water wells at the Autazes Project been tested for compliance?
