Growing The Future
Sustainable Solutions for Modern Agriculture with Potash
Key Strategic Advantage
Banio Potash Project in Gabon offers a key strategic advantage, supplying the growing African market
Sustainable Operations
Sustainability is a core of Millennial’s operations — minimizing environmental impact while maximizing shareholder value
Localized Potash Production
Unprecedented growth potential — secure, localized potash production unlike the geopolitical tensions in Russia and Belarus.
Leading the Pink Gold Rush in Africa
Millennial Potash Corp. is leading the charge in unlocking one of the most promising potash resources in the world, situated in the Republic of Gabon, Africa. Our mission is clear: to emerge as a significant and responsible producer of potash, directly contributing to global food security and the future of sustainable agriculture. As the demand for potash fertilizers intensifies, fueled by increasing population and supply disruptions from traditional sources, Millennial Potash is positioned for exponential growth and outstanding returns for investors.
Why Millennial Potash
The Banio Potash Project
Millennial Potash’s Banio Potash Project in Gabon is our crown jewel. Offering extensive and untapped potash reserves, this project holds the potential to transform the global potash landscape.
Expansive Resource
The project spans an impressive 1,238 km², covering potash-bearing basins with shallow and highly accessible potash horizons.
Prime Geology & Location
The region boasts favorable geological conditions, and with existing infrastructure, including excellent roads and nearby deep-water port access, the project is primed for efficient and cost-effective operations.
Government & Regulatory Support
Gabon’s government is highly supportive of mining initiatives, and with mining-friendly regulations in place, Millennial Potash is in a favorable position to rapidly advance towards production.
Key Project Highlights
Preliminary Economic Assessment
With an after-tax Net Present Value (NPV) of $1.08 billion and an Internal Rate of Return (IRR) of 32.6%, the Banio Project offers outstanding economic potential.
Competitive Operating Costs
Significant Maiden Resource Estimate
Covering only 5% of the project area, the resource estimate indicates 656 million tonnes of Indicated and 1.15 billion tonnes of Inferred Resource, with a deposit thickness of 70 metres.
Long-term supply potential
Securing the Future of food
As a critical component in fertilizers, potash is essential for boosting global food production by:
- Increasing crop yields
- Improving plant quality and disease resistance
- Enhancing soil water retention
- Supporting sustainable agricultural practices
With the global population on the rise, the demand for potash will only intensify. Millennial Potash is uniquely positioned to be the first potash producer in Africa, supplying this essential ingredient domestically and reducing the continent’s reliance on imports.
Millennial Potash Team
Farhad Abasov, M.B.A.Chairman, Director
Mr. Abasov built and sold multiple resource companies: President and CEO, Millennial Lithium sold to Lithium Americas for $490M; President and CEO, Allana Potash Corp. sold to Israel Chemical Ltd. for $170M. Mr. Abasov is also a co-founder of Potash One which sold to K+S for $430M, as well as Senior VP of Energy Metals which sold to Uranium One for $1.8B. He raised over $500 million for public and private companies in the energy and mining sectors.
Graham Harris, B.A.Senior VP, Capital Markets, Director
Mr. Harris was the Founder, Chair and Director of Millennial Lithium Corp, which was recently acquired by Lithium Americas for $490M. Mr. Harris has over 40 years’ experience in the finance industry, including as a senior VP of Canaccord Genuity Corp. (1999-2004) and as a senior VP and partner of Yorkton Securities (1989-1999). He has directly raised over $400 million in development and venture capital for public and private companies. He was a founder of Cap-Ex Iron Ore Ltd., a founding director of M2 Cobalt Corp. that recently merged with ASX listed Jervois Mining Ltd.
Jason Wilkinson, M.Sc.Chief Executive Officer
Mr. Wilkinson is a mining and exploration professional with 25 years’ experience across a range of commodities. In the past he was the Chief Operating Officer for South Harz Potash directing efforts at their German potash project. Previously he was in-country MD for Allana Potash Corp based in Ethiopia, responsible for the exploration drill-out and feasibility study work and facilitated transfer to Israel Chemicals Ltd.
Peter J. MacLean, Ph.D., P.Geo.Director
Dr. MacLean has over 30 years of exploration and development experience in North America, South America, and Africa. Dr. MacLean was recently SVP, Technical Services for Millennial Lithium Corp. Previously, Dr. MacLean was SVP, Exploration, for Allana Potash Corp. Dr. MacLean also has extensive experience on base metal and precious metal projects throughout the Americas and is a professional geoscientist (P. Geo).
Join Our Journey
Millennial Potash offers a once-in-a-lifetime opportunity in the agricultural minerals sector. With a world-class project, a skilled leadership team, and an urgent global need for potash, we invite you to be part of this exciting journey.