The startup produces potassium sulfate (SOP), potassium and magnesium sulfate (SOPM), and hydrochloric acid (HCl) as a by-product using a patented process that extracts potassium chloride, sulfuric acid, and magnesium compounds from mine tailings. This method provides farmers with tailored fertilizers that enhance crop yield while utilizing abundant raw materials, addressing the need for sustainable agricultural inputs.
Funding
$43.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Farmers in Eastern North America often lack readily available sources of potassium sulphate (SOP) and potassium magnesium sulphate (SOPM) fertilizers tailored to the specific needs of their crops. Existing production methods for these fertilizers can also generate significant greenhouse gas emissions.
Solution
KSM Fertilizers utilizes a patented, low-cost production method to manufacture potassium sulphate (SOP) and potassium magnesium sulphate (SOPM) fertilizers from mine tailings. Their K-Bec brand fertilizers provide a low-chloride source of potassium, sulphur, and magnesium, optimized for crops grown in Eastern North America. The company's production process operates at lower temperatures, resulting in a 70% reduction in GHG emissions compared to comparable processes. By sourcing raw materials from mine tailings, KSM Fertilizers offers a sustainable solution for enhancing crop yield, quality, and resistance to drought and disease.
Target Audience
The primary target audience includes farmers and growers in Eastern North America who require potassium sulphate (SOP) and potassium magnesium sulphate (SOPM) fertilizers with low chloride content.
Features
- Production of granular and soluble potassium sulphate (SOP) with 52% K2O and 18% sulphur content
- Production of potassium magnesium sulphate (SOPM) with 22% K2O, 11% MgO, and 22% S content
- Low-chloride fertilizer formulations suitable for fruit and vegetable crops
- Capability for blending and direct application, with a low pH ideal for fertigation
- Reduced greenhouse gas emissions (70% less) compared to traditional SOP and SOPM production
- Products enhance crop yield, quality, and resistance to drought, disease, and damage during handling and storage