Furthermore, Brazil houses the world’s largest arable land package – the Cerrado, where much of the increase in global food production is coming from. Brazil’s growing agricultural sector is fuelling demand for fertilizers. Brazil is already the fourth largest consumer of agro-minerals in the world and as a result of limited domestic supply, the 2nd largest world importer of phosphate. The growing demand for phosphate-based fertilizers creates attractive opportunities for local producers of phosphate, who are able to offer farmers high quality products at significantly lower transportation and logistical costs and with no exposure to fluctuations in exchange rates.
Fengro Industries Corp. (“Fengro” or “the Company”) is a vertically integrated producer of phosphate-based fertilizers in Brazil. The Company owns three agro-mineral projects – Bomfim, Ruth and Samba,
Copyright 2018 © All Rights Reserved. Fengro Industries Corp.