NE Mo | David - 3/31/2025 12:59
Multiple sources have the same information.
Feel free to prove them all wrong. I’ll wait for that.
USGS January 2025
World Mine Production and Reserves: Reserves for Laos, Russia, and Spain were revised based on Government
reports.
Mine production Reserves5
2023 2024e Recoverable ore K2O equivalent
United States1 390 420 970,000 220,000
Belarus e4,500 7,000 3,300,000 750,000
Brazil e300 360 10,000 2,300
Canada 13,500 15,000 4,500,000 1,100,000
Chile e600 750 NA 100,000
China e6,000 6,300 NA 180,000
Germany e2,700 3,000 NA 150,000
Israel 2,330 2,400 NA 6Large
Jordan 1,700 1,800 NA 6Large
Laos e1,500 1,500 NA 1,000,000
Russia e9,000 9,000 NA 920,000
Spain 367 400 NA 100,000
Other countries 435 440 1,500,000 300,000
World total (rounded) 43,300 48,000 >10,000,000 >4,800,000
World Resources:5 Estimated domestic potash resources total about 7 billion tons. Most of these lie at depths
between 1,800 and 3,100 meters in a 3,110-square-kilometer area of Montana and North Dakota as an extension of
the Williston Basin deposits in Manitoba and Saskatchewan, Canada. The Paradox Basin in Utah contains resources
of about 2 billion tons, mostly at depths of more than 1,200 meters. The Holbrook Basin of Arizona contains resources
of about 0.7 billion to 2.5 billion tons. A large potash resource lies about 2,100 meters under central Michigan and
contains more than 75 million tons. Estimated world resources total about 250 billion tons.
Substitutes: No substitutes exist for potassium as an essential plant nutrient and as an essential nutritional requirement
for animals and humans. Manure and glauconite (greensand) are low-potassium-content materials that can be
profitably transported only short distances to crop fields. Glauconite is used as a potassium source for organic farming.
eEstimated. NA Not available.
1Data are rounded to no more than two significant digits to avoid disclosing company proprietary data.
2Defined as sales + imports – exports.
3Includes MOP, SOP, and SOPM. Does not include other chemical compounds that contain potassium.
4Defined as imports – exports.
5See Appendix C for resource and reserve definitions and information concerning data sources.
6Israel and Jordan recover potash from the Dead Sea, which contains nearly 2 billion tons of potassium chloride https://www.usgs.gov/centers/national-minerals-information-center/potash-statistics-and-information I have no idea if it is 9.7% as this suggests, or 1% as the past thinking, or 50%. Your hypocrisy on how quickly you find the "truth" sometimes is what cracks me up. Bless your heart. |
Tariffs and the art of the deal
