With historical potash production of up to 450,000 tpy between 1969 and 1977 at the Holle potash mine, Congo is a known former potash producer and the country is now more than ever poised on rejoining the small club of world potash producing nations it left when the former Holle mine was flooded more than 30 years ago.

Potash exploration started in Congo in late 50’s along with oil and gas exploration by French BRGM and SPAEF. Over 110 wells have been drilled for potash exploration onshore Congo which combined with extensive 2D seismic data acquired for oil exploration and data from the Holle mine, helped the Ministry of Mines define the scope of potash resources in the Congo coastal basin area. A study undertaken by the Ministry of Mines in 1996, using data from the aforementioned dataset, defined potash resources (carnallite and sylvite) of 800 billion tons for the entire Congo coastal area.

Holle Potash Corp. was founded in 2008 through the combination of highly successful investors groups; on one hand, with a deep understanding of the investment community and African oil & gas and mining investments.

And on another hand, a group of highly successful African partners, founders of Afrimines SA, with strong and unparalleled relationships in Congo-Brazzaville. Afrimines SA was granted both the Tchitondi and Manenga potash exploration permits, through decree No. 2008-83 executed by HE Denis Sassou Nguesso, the President of the Republic of Congo, on April 3rd 2008.

In July 2008, Holle Potash Corp. signed a MOU with Afrimines whereby the company agreed to purchase the entire issued share capital of Afrimines for a monetary consideration plus some shares to be issued in Holle Potash Corp.

In December 2010, Holle Potash Corp. signed a brokerage agreement with Salman Partner to raise substantial funds to undertake initial start pre-feasability tasks.