The agreement is an “important recognition for Muga Mine,” according to Peter Albert, CEO of Geoalcali, and it takes place on the eve of the celebration of World Fertilizer Day.
Highfield Resources, parent company of the mining company Geoalcali, has signed a non-binding memorandum of understanding with Ameropa, a major agricultural company based in Switzerland, through which Highfield will provide Ameropa with up to 250,000 tons of potash muriate (MOP) from its Muga potash mine in Spain.
The product that Highfield will provide to the Swiss distributor will be delivered in standard and granular version. The agreement also provides for the option of increasing the amount to 300,000 tons per year.
Peter Albert, The CEO of the company has highlighted the value of this agreement by ensuring that “this memorandum of understanding that we are pleased to have signed is an important recognition within the world of potash for Muga Mine and confirms that Geoalcali will contribute significantly to both European and global local supply. In addition, this is a great step in our marketing strategy since Ameropa brings extensive experience in the field of potash and fertilizers. ”
Following the achievement of the favorable Environmental Impact Permit granted by the Ministry for Ecological Transition, in June 2019, Geoalcali is currently in talks with different wholesale customers and global distributors in order to achieve commercialization of the total production capacity of Muga Mine.
Potash, the necessary fertilizer
Potash is the most common natural source of potassium and many times the term is used to refer to the forms of fertilizers that contain this element.
Potassium (K) is a key element in the development and growth of plants because it favors water retention, strengthens roots and cell walls, improves nutrient transfer and increases resistance to diseases and pests, insects and temperature variations . It is sometimes referred to as “the regulator” due to its participation in more than sixty enzyme systems that influence crop quality.
Today, potassium found in potash is one of the three most important components in commercial soluble fertilizers, along with nitrogen and phosphorus. These fertilizers known as NPK are very effective in improving the yield of those lands that by their very nature do not have the ideal characteristics for essential crops.
Potash is used to nourish the earth. Farmers are challenged by the need to maintain the necessary nutrients of the lands they usually harvest since they lose their nutrients over time. Low quality land needs this type of fertilizer so it can be strengthened and receive the necessary properties that will provide an optimal harvest.
October 13, World Fertilizer Day, Are we aware of its importance?
The scientist Stefan Hell, Nobel Prize in Chemistry 2014, has stated on several occasions that, without a doubt, one of the most important historical events for humanity has been the invention of fertilizers. Without them, “people would have starved to death or killed each other at the end of the 19th century because they could not feed their children.”
Currently, we are faced with the challenge of guaranteeing food security at the international level. The world population grows year after year with a forecast of 25% increase by the year 2050. This makes it necessary to maintain a rhythm of continuous improvement in those factors involved in agricultural production processes. One fact: while in 1960 one hectare of land was needed to feed two people, in 2025 it will be necessary for that same area to feed five. And for this, fertilizers are a fundamental piece.
Thanks to the widespread use of fertilizers and their correct application, different areas affected by poverty have experienced a sharp decline in famine and improved economic levels. In other areas, where agriculture is a strategic or very important part from an economic and social point of view for the business sector, it allows optimizing agricultural crops and thereby improving their competitiveness and economics within an increasingly globalized market.