Brazil's Cerrado region is the next agricultural frontier, allowing for multiple growing seasons during the year.
Potash Rock - a potassium-rich rock of which there are potentially billions of tonnes in Verde's claims.
The Brazilian government will help with expediting the permitting process.
The Calcario Limestone Project in Minas Gerais is Verde's own source of high grade limestone, an integral component of KCl.
Inferred mineral resource estimate of 2.7Bt at 8.91% K20 and 71Mt indicated at 9.22% K20.
Global food production must increase 70% by 2050 to feed the population.
Expected initial CapEx required as per the PEA in February 2012 is US $598M. Brazilian government to assist with project financing.
The Company has completed a Preliminary Economic Assessment study in February 2012. Verde hopes to produce a Feasibility Study first half of 2013.
In 2011, Brazil consumed 7.4M tonnes of potash. The Company's proposed KCl fertilizer product will become a part of the solution to supply Brazil's potash needs.