{"id":14860,"date":"2025-02-12T02:53:50","date_gmt":"2025-02-12T02:53:50","guid":{"rendered":"https:\/\/businesstriumphs.com\/index.php\/2025\/02\/12\/5-canadian-potash-stocks\/"},"modified":"2025-02-12T02:53:50","modified_gmt":"2025-02-12T02:53:50","slug":"5-canadian-potash-stocks","status":"publish","type":"post","link":"https:\/\/businesstriumphs.com\/index.php\/2025\/02\/12\/5-canadian-potash-stocks\/","title":{"rendered":"5 Canadian Potash Stocks"},"content":{"rendered":"<\/p>\n

The global potash market is dominated by Canada, the world\u2019s leading potash producing country, with Canadian potash companies producing an impressive 15 million metric tons (MT) of the material in 2024.<\/strong><\/p>\n

The potash industry has faced difficulties in the past few years, including challenges related to the COVID-19 pandemic and Russia\u2019s invasion of Ukraine, and most recently with the threat of US tariffs on Canadian goods and services. However, potash producers continue to push ahead despite headwinds. Meanwhile, potash exploration and development companies are working hard at projects that can take advantage of rising demand for agricultural products.<\/p>\n

For those interested in the market, here\u2019s a list of Canadian potash stocks listed on the TSX and TSXV; companies are listed from largest to smallest, and all had market caps of at least C$10 million as of January 30, 2025.<\/p>\n

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1. Nutrien (TSX:NTR,NYSE:NTR)<\/h3>\n
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Company Profile<\/div>\n<\/div>\n
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Market cap:<\/strong> C$37.81 billion<\/p>\n

Formed on January 1, 2018, after Potash Corporation of Saskatchewan and Agrium completed a merger of equals, today Nutrien is Canada\u2019s biggest potash company by far. Nutrien bills itself as the world\u2019s largest provider of crop inputs and services, with an agricultural retail network that services more than 500,000 grower accounts. The firm states that it is \u2018committed to providing products and services that help growers optimize crop yields and their returns.\u2019<\/p>\n

The potash-mining company produces a variety of different materials, but in terms of potash production it has over 27 million metric tons of capacity at its six potash mines in Saskatchewan.<\/p>\n<\/div>\n<\/div>\n

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2. Verde AgriTech (TSX:NPK)<\/h3>\n
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Company Profile<\/div>\n<\/div>\n
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Market cap:<\/strong> C$44.77 million<\/p>\n

Verde AgriTech is an agri-tech company focused on making innovative products that promote sustainable agriculture. Its main asset is Cerrado Verde, which holds Brazil\u2019s largest identified potash deposit, with an NI 43-101 resource of 3.32 billion metric tons.<\/p>\n

Production began at Cerrado Verde in May 2017, and the company later exported its first shipment of Super Greensand, a fertilizer and soil conditioner, to US cannabis and organic markets. As a fertilizer it provides potassium, magnesium, silicon, iron and manganese, and as a soil conditioner it increases the capacity of soil to retain water and nutrients.<\/p>\n<\/div>\n<\/div>\n

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3. Gensource Potash (TSXV:GSP)<\/h3>\n
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Company Profile<\/div>\n<\/div>\n
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Market cap:<\/strong> C$33.73 million<\/p>\n

Gensource Potash\u2019s Vanguard area and Lazlo area are located in Saskatchewan. <\/p>\n

The company\u2019s main asset, the Tugaske potash project in the Vanguard area, is its central focus. Once in operation, it will create no salt tailings and will require no brine ponds. The completed feasibility study shows the operation will be one of the lowest cost potash producers.<\/p>\n

According to the company, the environmentally friendly asset is expected to produce a minimum of 250,000 metric tons of muriate of potash (MOP) per year. Gensource has a 10-year offtake agreement for Tugaske with agricultural chemical company HELM. <\/p>\n<\/div>\n<\/div>\n

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4. Western Resources (TSX:WRX)<\/h3>\n
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Company Profile<\/div>\n<\/div>\n
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Market cap:<\/strong> C$16.36 million<\/p>\n

Western Resources and the company\u2019s wholly owned subsidiary Western Potash are working to build an environmentally friendly and capital-efficient potash solution mine at the Milestone project in Saskatchewan.<\/p>\n

Milestone is close to Mosaic\u2019s (NYSE:MOS) Belle Plaine mine, which is one of the largest-producing potash solution mines in the world. In May 2023, Western Potash gained approval for its restart project to extend Milestone\u2019s mine life from 12 years to 40 years. Phase 1 of the project was 93 percent complete as of May 2024 before being placed on hold as the company looks to secure further funding. <\/p>\n<\/div>\n<\/div>\n

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5. Sage Potash (TSXV:SAGE)<\/h3>\n
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Company Profile<\/div>\n<\/div>\n
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Market cap:<\/strong> C$14.02 million<\/p>\n

Sage Potash is developing its flagship project the Sage Plain potash property in the Paradox Basin of the US state of Utah. Rather than underground or strip mining, the company will use in-situ solution extraction of potash-rich brine to the surface for solar or mechanical evaporation and granulation. Once in operation, the project is estimated to produce 150,000 metric tons of potash annually, with plans to expand.<\/p>\n

The project is transitioning into the construction phase and commissioning of its Muriate of Potash pilot plant with the purchase of equipment, and strengthening its management team. Construction is expected to begin in Q2 2025.<\/p>\n<\/div>\n<\/div>\n

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Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n

This post appeared first on investingnews.com<\/div>\n","protected":false},"excerpt":{"rendered":"

The global potash market is dominated by Canada, the world\u2019s leading potash producing country, with Canadian potash companies producing an impressive 15 million metric tons (MT) of the material in 2024. The potash industry has faced difficulties in the past few years, including challenges related to the COVID-19 pandemic and Russia\u2019s invasion of Ukraine, and […]<\/p>\n","protected":false},"author":0,"featured_media":14861,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-14860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/14860","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/comments?post=14860"}],"version-history":[{"count":0,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/posts\/14860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media\/14861"}],"wp:attachment":[{"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/media?parent=14860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/categories?post=14860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstriumphs.com\/index.php\/wp-json\/wp\/v2\/tags?post=14860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}