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Millennial Potash Applauds the Official Addition of Potash to the 2025 List of Critical Minerals as Financial Times Mentions U.S. DFC Commitment to Millennial's Banio Potash Project in Gabon
West Vancouver, British Columbia--(Newsfile Corp. - November 10, 2025) - Millennial Potash Corp....
About this update from Millennial Potash Corp
[{"type":"text","content":"Millennial Potash Applauds the Official Addition of Potash to the 2025 List of Critical Minerals as Financial Times Mentions U.S. DFC Commitment to Millennial's Banio Potash Project in GabonWest Vancouver, British Columbia--(Newsfile Corp. - November 10, 2025) - Millennial Potash Corp. (TSXV: MLP) (OTCQB: MLPNF) (FSE: X0D) (\"MLP\", \"Millennial\" or the \"Company\") commends the recent announcement that potash has officially been added to 2025 List of Critical Minerals, released on Nov. 6th 2025 by the U.S. Geological Survey. This inclusion in the Official List comes as the U.S. International Development Finance Corporation (\"DFC\") commits US$3 million in project development funding for Millennial's Banio Potash Project in Gabon, recognizing its strategic role in potentially strengthening U.S. and West Africa food security and supply chain resilience.Farhad Abasov, Chair of Millennial, commented: \"The official recognition of potash as a critical mineral by the U.S. government is a major milestone for our industry. For Millennial, it highlights Banio's unique position as a potential new, low-cost supply source of potash for the U.S. agricultural sector and beyond. With the US DFC funding in place, strong support from the Government of Gabon, and our project's direct shipping route to U.S. ports, Banio is strategically aligned with America's food security and supply chain priorities. In addition, Banio can potentially become the first African potash mine to supply potash to the African continent which currently imports all its potash. It is great to see the Financial Times (Nov.7, 2025) talking about the DFC's role in mining projects in Africa including its project development funding for Millennial Potash. The timing of the decision to add potash to the critical minerals list is important as we are gearing up to complete our revised Mineral Resource Estimate in coming weeks.\"U.S. DFC Backing De-Risks Banio Potash ProjectThe DFC's strategic investment in Banio is designed to de-risk the Project and prepare it for potential future U.S. project financing. DFC is the U.S. Government's development finance institution that partners with the private sector to mobilize capital for strategic investments around the world. The strategic investment in Millennial, done under the DFC's Project Development Program, will support a Feasibili...