EVART, Mich., Aug. 13, 2021 /PRNewswire/ — Recent sanctions imposed by the Biden administration against Belarus, including on the critical mineral Potash, make the scarcity of the in-demand mineral even more dire. The U.S. currently imports 96% of its supply from foreign countries like Belarus and Russia. Michigan Potash & Salt Company, LLC (MPSC) in Evart, Michigan, is home to the largest and most pure deposit of potash in the country. The company is currently wrapping up final financing and developing the necessary infrastructure to extract it safely, in an environmentally responsible and protective way. The necessity of this work was made clearer with the deteriorating situation in Belarus, exacerbating global supply disruptions and rapidly rising prices.
Potash has no substitute and is a required nutrient for healthy food crops. Potash is so important it was added to the critical minerals list by the U.S. Department of Interior in 2018, declaring it a vital commodity for our country’s economy and security.
As Ted Pagano, founder and CEO of the MPSC, pointed out: “Michigan is uniquely positioned to help meet this need, reducing our dependence on imported potash and domestically producing this critical commodity used to grow our country’s and world’s food. That’s why we need to break ground on this project quickly and benefit current and…
