Encanto Potash Corp. Finalizes Historic Offtake Agreement with the National Federation of Farmers's Procurement, Processing and Retailing Cooperatives of India Limited
January 18, 2017 at 04:00 pm EST
Encanto Potash Corp. has successfully finalized a historic offtake agreement with the National Federation of Farmers's Procurement, Processing and Retailing Cooperatives of India Limited (NACOF). The agreement provides for the supply of a minimum of 5 million tonnes per year for a guaranteed period of twenty years for muriate of potash (MOP). Food security obtained via procurement of an alternative supply of MOP and eliminating middlemen for Indian farmers is a fundamental objective for NACOF.