2022: Chinese company invests $4.3B in Laos potash mining, boosting Laos's role in global fertilizer market.
Laos, with an estimated 10 billion tons of potash reserves, could gain leverage as China heavily relies on potash imports. In 2022, a Chinese company invested $4.3 billion in a potash mining project in Khammouane province, and Laos's potash exports are expected to increase. With China's dependency on potash imports, Laos could become a global player and leverage its position in the global fertilizer market.
June 15, 2024
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