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Verde fertilizantes - Verde Potash Plc

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Imported KCl is expensive to deliver in the Brazilian<br />

Cerrado<br />

• Blenders in Brazil incur significant transportation costs in importing KCl from<br />

foreign producers<br />

Shipping from Saskatchewan to Blenders in Brazil ($/tonne)<br />

Demurrage<br />

$5-10<br />

AFRMM<br />

$43 1 $33 $44-108<br />

$8<br />

Saskatchewan Port of Vancouver Port in Brazil 3<br />

NPK Blenders<br />

Port Costs<br />

$26-43 2<br />

Financial Cost<br />

$10<br />

1<br />

Government of Canada, Ministry of Transportation<br />

2<br />

Santos Port = $43; Paranaguá Port = $26<br />

3<br />

AFRMM = Additional Freight for Renewal of the Merchant Navy : an extra tax imposed by the Brazilian government payable<br />

upon inbound freights<br />

4<br />

CRU<br />

Total: $174-249/tonne 4<br />

In addition to the price of KCl, blenders<br />

pay additional shipping costs when<br />

purchasing KCl from Saskatchewan<br />

producers<br />

TSX : NPK<br />

14

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