In this article, we will discuss the 5 biggest potash companies in the world. If you want to see more companies in this selection, go to the 15 Biggest Potash Companies in the World.
5. EuroChem Group AG
Estimated Market Capitalization: $15.3 billion
TTM Revenue: $10.2 billion
EuroChem Group AG is a vertically integrated fertilizer producer headquartered in Zug, Switzerland, with a focus on three primary nutrients: nitrogen, phosphates, and potash. The company’s expertise in all three nutrients is relatively uncommon in the industry. EuroChem Group AG has a significant presence in the global potash market and operates several potash mines in Russia. Its potash products are sold under the brand name “EuroChem Kali.” The company has a global workforce of 27,000 employees and sells its products in over 100 countries. Its broad reach and expertise in fertilizer production make it a key player in the industry.
4. Qinghai Salt Lake Industry Co., Ltd (000792.SZ)
Market Capitalization: $18.06 billion
Qinghai Salt Lake Industry Co., Ltd (000792.SZ) is a Golmud, China-based manufacturer of potash fertilizer, potassium chloride, and other products. The company, founded in 1958, holds the 1,720th position on the Forbes Global 2000 list. Qinghai Salt Lake Industry Co., Ltd (000792.SZ) has a headcount of 18,000 employees and total assets of $4 billion (¥25.3 billion) as of 2022. This makes it the biggest potash fertilizer producer in China. Furthermore, the company has an annual potash production facility of 5 million tons, which makes it the fourth biggest producer of potash fertilizer in the world.
3. Sociedad Química y Minera de Chile S.A. (NYSE:SQM)
Market Capitalization: $20.71 billion
Sociedad Química y Minera de Chile S.A. (NYSE:SQM) is a Santiago, Chile-based chemical company. Not only is the company the biggest supplier of lithium in the world, but it is also a market leader in the manufacturing of potash. The company claims that its product is 100% soluble in water, resulting in lower consumption during the fertigation process. Sociedad Química y Minera de Chile S.A. (NYSE:SQM)’s potash production comes from its operations in the Salar de Atacama, located in the northern region of Chile. The company’s potash products are marketed under the “Ultrasol” brand name.
2. Nutrien Ltd. (NYSE:NTR)
Market Capitalization: $36.43 billion
Nutrien Ltd. (NYSE:NTR) is a Saskatoon, Canada-based fertilizer company with a potash production and distribution capacity of 20 million tons through its six mining facilities in Saskatchewan. This makes it the biggest potash producer in the world. Nutrien has 2,000 retail locations across seven countries and has over 3,400 crop advisors and agronomists on board. The company has an extensive distribution network spread across 40 countries and has 500,000 grower accounts under its portfolio. Nutrien Ltd. (NYSE:NTR) anticipates a potash sales volume guidance of 13.8 million to 14.6 million during 2023.
1. BHP Group Limited (NYSE:BHP)
Market Capitalization: $205.13 billion
BHP Group Limited (NYSE:BHP) is a Melbourne, Australia-based diversified mining company that has complete ownership over Jansen Potash Project in Saskatchewan, Canada. The company intends to invest $5.7 billion during the first stage of the project and will have an initial production capacity of 4.35 million tons per annum. The project is expected to start production in 2026. The government of Saskatchewan termed it the biggest investment in the history of the state when the announcement about the Jansen Mine project was made in August 2021. BHP Group Limited is the biggest publicly listed mining company in the world. The company decided to exit the conventional fuel business in 2021 after it sold its oil and gas business to Woodside Petroleum Ltd and increased its focus on potash under the leadership of CEO Mike Henry.
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