JOHANNESBURG (miningweekly.com) – Aim-listed African Potash has signed its second fertiliser offtake deal with a Malawi-based fertiliser supply company.
This represented the second offtake deal following the signing, last month, of a landmark trading agreement with the Common Market for Eastern and Southern Africa and the Mask Africa Crowd Farm Fund.
African Potash would source and fund the delivery of fertiliser through its proprietary network and methods, with first delivery of the 50 000 t/y deal anticipated in the third quarter.
“There is a strong demand for fertiliser in landlocked Malawi. There is a recognition in-country that its use increases productivity; reduces deforestation; increases nutritional levels, which positively effects serious issues such child mortality rates; and reduces the reliance on expensive imported food,” African Potash executive chairperson Chris Cleverly said.