The company is led by an accomplished team with a track record of over C$3 billion in resource-sector M&A success. Their past achievements include the sale of Millennial Lithium to Lithium Americas for $491 million, Allana Potash to Israel Chemicals for $170 million, Potash One to K+S for $434 million, and Energy Metals to Uranium One for $1.8 billion. This proven history of identifying, developing, and monetizing high-value resource assets speaks of the team’s ability to deliver significant returns for shareholders.
Millennial Potash has already defined a world-class resource: 1.07 billion tonnes of Indicated and inferred resources grading ~16% KCl. A Preliminary Economic Assessment released in 2024 outlined robust project economics, including an after-tax NPV(10%) of US$1.07B, IRR of 32.6%, and operating costs of just US$61/tonne gMOP – among the lowest globally.
Downhole geophysical logging is a vital step in the data collection process, providing precise information on potash seam thickness, KCl grade distribution and structural continuity at depth.
This work was carried out by Robertson Geo Services (RGS), using various logging tools procured by Millennial Potash which helps strengthen the geological model ahead of our upcoming updated Mineral Resource Estimate and supports future engineering and feasibility planning.
The project has received strong support from the Gabonese government, which is fast-tracking infrastructure such as port and power facilities in the Mayumba region. In July 2025, the U.S. International Development Finance Corporation committed up to US$3 million to support Banio’s Feasibility Study – highlighting the project’s strategic relevance to food security and sustainable development in Africa.
With strong fundamentals, experienced leadership, and rising global demand for fertilizers, Millennial Potash is poised to play a key role in reshaping Africa’s agricultural inputs market.
