Brazil Potash jumps on $200 million power line deal
ReutersJul 14, 2025 8:45 PM
Shares of Brazil Potash GRO.A rise 74% to $2.53 in extended trading
Brazil Potash signed a deal with private equity firm Fictor Energia to fund and build a $200 million, 102-mile power line for its Autazes potash project
Fictor Energia will also invest $20 million in Brazil Potash shares, with the payment made in two parts
Construction of the power line is expected to be completed by July 2029
Stock down 81% YTD
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