Laos estimates it has 133.6 billion tonnes of in reserves of potassium chloride, a key fertilizer component. © Reuters
KOSUKE INOUE, Nikkei staff writer
December 25, 2024 03:55 JST
BANGKOK -- Laos is ramping up production of a fertilizer ingredient to meet the rush in demand from China as Western sanctions reduce supplies from Russia and Belarus.
In November, the Laotian government announced it had granted 18 companies the right to explore and mine potassium chloride in over 162,000 hectares of deposit-rich areas. The regions include parts of the capital Vientiane, as well as the provinces of Khammouane and Savannakhet.
