Collapse

BULLET POINTS.

globally, about 20% of agricultural soils face severe potassium deficiency, with particular regions likely to experience more critical shortages, including 44% of agricultural soils in South-East Asia, 39% in Latin America, 30% in Sub-Saharan Africa and 20% in East Asia, largely due to more intensive agricultural practices.

Canada, Russia, Belarus and China producing 80% of the world's total raw potash.

in April 2022, the price of potash increased 500% above the previous year following a "perfect storm" of factors, including rising fertilizer demand, escalating fuel prices, recovery from the pandemic, a range of government actions around the world, and the Russian invasion of Ukraine

Russia and Belarus together export about 42% of the world's potash supply

2021, global potash consumption reached 45 million metric tons

And then of course they come in with some hopium crackhead dream bullshit like "Developing a global circular potassium economy that minimizes the use and maximizes the reuse and recycling of the nutrient" as if the current system is retrofittable for anything remotely like that. Even with perfect circular economy at scale, potassium still leaches from soil and is lost from agriculture.