In May, 2006, Migao Corporation finalized its transformation from a private, wholly owned Chinese business to a China-based publicly traded Canadian business on the Toronto Stock Exchange (TSX).
Corporate Profile
Migao Corporation, based in China, processes potash into specialty potash-based fertilizers for the Chinese market. The Company was established in 2003 and has consistently grown in revenue and profitably.
Migao is positioned to become the leading producer of specialty potash fertilizer for the Chinese market. The Company is currently producing its two core products – potassium nitrate and potassium sulphate, at three operating locations in China.
China is the largest consumer of fertilizers in the world. Demand for improved crop yield, higher quality food, and more variety is fueling the growth of the fertilizer market in China. There is very little naturally occurring potash in China. Of the three principal fertilizer nutrients (nitrogen, phosphate, and potash), potash is the least readily available in the country. Migao's patent-pending technology allows the Company to offer a consistent and reliable supply of high quality potash-based fertilizers which are ideal for high-value crops such as fruits and vegetables, tobacco, and cotton.