# Brazil Potash Corp.

Brazil Potash Corp. is an other based in Toronto, Canada.

## Overview

- **Organization type:** other
- **Headquarters:** Toronto, Canada
- **Region:** North America
- **Address:** Toronto, ON, Canada
- **Founded:** 2009
- **Assets under management:** Undisclosed
- **Website:** brazilpotash.com
- **LinkedIn:** https://www.linkedin.com/company/brazil-potash-corp

## Regulatory record

- **Reports private funds:** No

## About

Our company will be engaged in the extraction and processing of potash ore, an essential input for agriculture. | Our company will be engaged in the extraction and processing of potash ore, an essential input for agriculture. Our goal is to create a complete development cycle, extracting potash from underground so it can fertilize Brazilian fields.

## Sectors

- AgriTech & FoodTech
- Natural Resources
- Infrastructure

## Offices

- Manaus, Brazil

## People

- Matt Simpson — Chief Executive Officer

## Questions

### Who runs the company and what is their relevant experience?

Matt Simpson serves as Chief Executive Officer and leads the day-to-day development effort. The company's technical team draws on expertise from the original Petrobras discovery work and Canadian mining engineering talent familiar with underground potash operations. Stan Bharti's Forbes & Manhattan, a merchant bank with a track record in stranded resource development, advises on the financing structure.

### Why has the project taken so long since the 2009 founding?

The principal bottleneck has been permitting and social license. The mine site lies on land traditionally claimed by the Mura indigenous people, leading to multiple court injunctions that halted drilling and license reviews. A 2024 legal settlement with the Mura community and the granting of the preliminary environmental license cleared the last major pre-construction obstacles.

### Who would buy the potash from Autazes?

The primary buyers are Brazilian fertilizer blenders and large agricultural cooperatives that supply soybean, corn, and sugarcane producers in the Center-West and South regions. Amaggi Group, a top-tier soybean exporter, has been named as a potential offtaker and logistical ally. The demand base is entirely domestic, eliminating freight costs to ocean-going vessels.

### What is the jurisdictional risk in Amazonas state?

Jurisdictional risk is meaningful and two-layered. First, federal and state environmental agencies have overlapping authority over Amazon basin projects, creating permit sequencing complexity. Second, indigenous land rights in Brazil are constitutionally protected, and any project near demarcated or claimed indigenous territory faces litigation risk. The 2024 settlement with the Mura people reduces but does not eliminate this risk.

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Last updated: 2026-06-03T20:00:00.000Z

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