Project UpdateJun 22, 2026, 08:02 AM
Brazil Potash Completes Autazes Project FEED Coverage
AI Summary
Brazil Potash Corp. announced the award of a second Front-End Engineering Design (FEED) contract for mine shafts and underground development at its Autazes Project to WSP UK Ltd., with Redpath Deilmann Mining Inc. as subconsultants. This award completes comprehensive engineering design coverage for the entire project, which is a key requirement for ongoing construction debt financing discussions with Development Finance Institutions and Export Credit Agencies. The total estimated value of the FEED contract is USD 26 million, with the initial Early Works phase valued at USD 4.3 million over 12 months.
Key Highlights
- Brazil Potash awarded a second FEED contract for mine shafts and underground development to WSP UK Ltd.
- Redpath Deilmann Mining Inc. is engaged as subconsultants for the mine shafts scope.
- This completes full engineering design coverage for the entire Autazes Project.
- Redpath Mining Inc. has participated in over 500 shaft sinking works globally.
- The estimated total value of the FEED contract is USD 26 million.
- The first phase, Early Works, is valued at USD 4.3 million over 12 months.
- Completion of FEED studies is critical for securing construction debt financing.
Price Impact
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