Prospect Global Resources

Prospect Global Resources Inc. is a Denver-based company focused on the development of a conventional underground potash mine in the Holbrook Basin of eastern Arizona, encompassing approximately 90,000 acres of state and private leases. The firm aims to capitalize on the long-term global demand for potash, primarily used as an agricultural fertilizer, amid limited supply in both developed and emerging markets.

The company has completed a Pre-Feasibility Study highlighting a potential operation of 1.42 million tons per year, with an estimated capital cost of $825 million and a projected after-tax internal rate of return of 27% at an 8% discount rate. With partnerships and a commitment to understanding potash economics, Prospect Global Resources is well-positioned to meet the increasing demand for this essential nutrient.

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