Coloured Ties Capital Inc., formerly known as GrowMax Resources, is a Canadian mining and speciality chemicals and minerals company.
[2] GrowMax has the surface rights and access to a 202,600 acre (82,000 hectare) concession situated in the Sechura Desert of Peru.
[4] The climate there allows for the recovery of potash and other minerals from brine using solar pond evaporation technology; this was proven by a pilot plant constructed on the concession in the 1960s.
[2] Solar evaporation has both a shorter set up time as well as a lower capital expenditure cost, than conventional and solution mining.
[9] He has over 40 years of experience in the analysis, planning, design, engineering, project management, and implementation of solar evaporation technology for processing of brines for producing potash, salt, and chemical by-products.
[11] In February 2010, America's Petrogas issued a press release announcing that GrowMax had entered into a joint venture partnership with IFFCO.