MRP 76: Leasing Mineral Rights for Mining Potash and Other Critical Minerals
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
Audio is streamed directly from the publisher (traffic.libsyn.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
When you read about the coming transition to renewable energy, critical minerals may not be the first thing that comes to mind. That said, these minerals are critical (pun intended) for the "renewable" energy infrastructure being touted by some politicians. From solar panels and wind turbines to electric vehicles and the large quantities of batteries that make these technologies usable, minerals like lithium and cobalt are required. In fact, the World Bank predicts a 500% increase in the production of these critical minerals by 2050 to meet growing demand.
Growing the food required to feed the growing global population uses a lot of fertilizer, and potash is a naturally occurring ingredient in fertilizer.
Like oil & gas, for a company to be able to mine for potash or other critical minerals on privately owned land, they must obtain a lease from the mineral owner beforehand.
In this episode we talk about what Potash is, where it is located, things to think about before signing a mining lease to mine potash or other critical minerals.