On September 6, 2024, Ruiyuan Richfield Sylvine Co., Ltd. has achieved a significant milestone with the successful trail production of its potash project in the Vientiane Basin, Laos. This achievement marks a major step toward realizing the company’s vision of establishing a 10-million-ton annual potash production base and highlights its emerging importance in the global potash industry.
The success of this project enhances Laos’ standing in global potash production and signals a major shift in the global potash market landscape. It is expected to reshape the dynamics of potash supply, positioning Laos alongside Canada and Russia-Belarus as key players in the industry.
Ruiyuan Richfield’s leadership affirmed the company’s commitment to further technological advancements and sustainable resource development. With this success, the company aims to maximize the potential of the Vientiane Basin’s potash resources, ensuring efficient and sustainable operations. This achievement will not only contribute to Laos’ economic growth but also provide a more stable supply of potash fertilizer to the global market, supporting agricultural sustainability and food security worldwide.
