Brazil Potash jumps on $200 million power line deal
14/07/2025 21:45
** 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 (Reporting by Kamal Choudhury in Bengaluru) ((Kamal.Choudhury@thomsonreuters.com;))
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