Brazil Potash Corp. has signed a definitive 28-year power agreement that removes approximately $33 million in upfront power-related capital expenditures from the construction budget for the Autazes Project in Amazonas State, Brazil.

The agreement, executed by wholly-owned subsidiary Potássio do Brasil Ltda. with Brazilian power provider Gera Center Amazônia Serviços e Locações De Máquinas e Equipamentos Ltda., replaces a non-binding memorandum of understanding announced in May 2026. Under the Build-Own-Operate structure, Gera Center will fund, build, own and operate a 20-megawatt modular diesel power plant.

The arrangement cuts upfront spending while targeting approximately $10 million in net savings over the life of the contract compared to earlier project cost estimates. The modular plant will initially supply 10 megawatts of power during construction of two mine shafts, the processing plant, and the port terminal, scaling up to 20 megawatts within the first year. Initial mobilization is scheduled to be completed within 120 days following the issuance of the Order to Proceed.

Once a planned transmission line connects the site to Brazil's national power grid, the system will transition from continuous construction supply to serve as emergency backup power for 23 years.

“Power is one of the most critical pieces of infrastructure for building and operating a mine in the Amazon, and this agreement represents an important step in securing the reliable power infrastructure required for the Autazes Project. By partnering with Gera Center under a Build-Own-Operate structure, we preserve construction capital for the mine while taking steps to ensure the Autazes Project has the reliable power it needs, both to build and for the life of the operation. This agreement is also part of our broader strategy to work with specialized infrastructure partners to reduce upfront capital requirements as we advance the Project toward construction” — Sergio Leite, President of Potassio do Brasil

The infrastructure agreement complements broader commercial steps at Autazes, where Brazil Potash has secured binding take-or-pay offtake agreements covering approximately 91% of planned production through long-term contracts with partners including AMAGGI, Keytrade, and Kimia Solutions. The project is designed to supply domestic agriculture in a nation that imported approximately 96% of the potash it consumed in 2025.

Construction debt financing discussions for the asset are currently underway with Development Finance Institutions and Export Credit Agencies.

Read the full announcement: Brazil Potash Reduces Upfront Capex with 28-Year Construction & Backup Power Contract