GRO

Brazil Potash (GRO.US) surged more than 8% during regular trading to $1.82.

The stock is down 20.18% over the past ten sessions and down 46.94% over the past six months.

The Nasdaq Composite is down 0.10% over the past five sessions and up 13.58% year to date.

The company has signed binding offtake agreements covering 91% of planned capacity at its Autazes potash project. Total capital expenditure is estimated at $2.5 billion, with annual production of 2.4 million short tons, supporting average annual EBITDA of about $1 billion over a 23-year mine life.

Brazil Potash also reported positive preliminary results from AI-based X-ray transmission sorting tests, which are expected to enhance production capacity and extend mine life.

Based on public media reports. AI-generated; not investment advice.