BNN Bloomberg

The Triple-Commodity Play in America's only Super Potash Basin

The video introduces Explorer American Critical Minerals, a Vancouver‑based company developing the Green River project in Utah’s Paradox Basin. The venture targets three critical minerals—potash, lithium and bromine—within a single land package, a rarity in North America. Dean Picy explains that the company can leverage economies of scale: every drill hole yields data for all three commodities, potentially creating three separate revenue streams. The project builds on historic drilling that confirmed potash at depth, while neighboring operations suggest lithium brines and bromine‑rich aquifers lie below. Proximity to Intrepid’s long‑running potash mine and Anson Resources’ advanced lithium project underscores the geological continuity. Picy highlights U.S. dependence on imports—over 90% of potash and a large share of lithium—and cites recent price spikes from geopolitical tensions, such as the 2022 Russian invasion of Ukraine, as proof of supply vulnerability. He notes bromine is currently produced only in Arkansas, making a Paradox Basin source potentially pioneering. If successful, the project could enhance domestic fertilizer supply, support the growing electric‑vehicle battery market, and provide a diversified, low‑risk asset for investors. It aligns with U.S. policy to secure critical mineral supply chains and could reduce exposure to foreign market shocks.