GLOBAL FINANCIAL INSTITUTIONS such as Swiss bank UBS (Union Bank of Switzerland) and the U.S. firms Morgan Stanley, Rockefeller Capital Management and Goldman Sachs have disclosed holding or managing shares in Brazil Potash, the Canadian company behind a mining project in Autazes, in Brazil’s Amazonas state, that is being challenged by Indigenous communities and Brazil’s Federal Prosecutor’s Office (MPF).
The data was reviewed by Repórter Brasil on market intelligence platform Fintel, which compiles information filed with the U.S. Securities and Exchange Commission (SEC). These records show equity stakes disclosed by banks and asset managers and may reflect both the institutions’ own investments and client assets under their management. According to data from February 2026, covering the last quarter of 2025, at least 28 financial institutions held or managed shares in Brazil Potash.
In Autazes, Brazil Potash hopes to secure this year the financing needed to build a potash extraction complex. Potash is a mineral used in fertilizer production. In addition to an underground mine, the project includes an industrial plant, an access road, power transmission lines and a port on the Madeira River. The company estimates initial output of up to 2.4 million tons per year, potentially supplying 20% of Brazil’s potash demand. Brazil is currently the world’s largest fertilizer importer.
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The entrance to the future Brazil Potash mine is about 2 kilometers from Soares village, an Indigenous Mura community. Since 2003, the Mura have been seeking formal recognition of the territory by Funai (Brazil’s National Foundation for Indigenous Peoples). Other Mura Indigenous lands that have been demarcated or are in the demarcation process — such as Jauary and Paracuhuba Indigenous Territories — lie less than 8 kilometers from the project area and could be affected by underground mining operations