Asia Pacific Resources Ltd. (APR) has discovered a world-class potash resource near the city of Udon Thani, in northeast Thailand. Due to its high-grade, shallow depth, excellent infrastructure and proximity to growing markets, the project is projected to be one of the lowest-cost producers in the industry. Since 95% of the potash produced worldwide is used as a fertilizer to increase agricultural yields, demand is directly linked to the world抯 growing need for food. As a result, selling prices and demand for potash are expected to continue to increase as the global population grows.
Thailand
