SECURITIES AND EXCHANGE COMMISSION
                                Washington, D.C.


                                    FORM 8-K

                 CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d)
                     OF THE SECURITIES EXCHANGE ACT OF 1934

                         Date of Report: March 24, 2003


                                 AMERALIA, INC.
                     --------------------------------------
             (Exact name of Registrant as specified in its charter)

                         Commission file number: 0-15474


            Utah                                               84-0631765
- -------------------------------                     ----------------------------
(State or other jurisdiction                        (IRS Employer Identification
incorporation or organization)                                    Number)


                  20971 E. Smoky Hill Rd, Centennial, CO 80015
                 -----------------------------------------------
                    (Address of Principal Executive Offices)


                                 (720) 876-2373
               ---------------------------------------------------
               Registrant's telephone number, including area code:


                                 Not applicable
                              ----------------------
                 (Former Address of Principal Executive Offices)











ITEM 5.  OTHER EVENTS.

         On February 20, 2003, AmerAlia, Inc., through its indirect,
wholly-owned subsidiary, Natural Soda, Inc. (formerly named "Natural Soda AALA,
Inc."), purchased the assets of White River Nahcolite Minerals Ltd. Liability
Co. ("WRNM") and certain related contracts held by IMC Chemicals Inc. ("IMC
Chemicals") with short-term financing provided by funds associated with The
Sentient Group of Grand Cayman. Natural Soda, Inc. is owned by Natural Soda
Holdings, Inc. (formerly "Natural Soda, Inc."). AmerAlia owns 100% of the
outstanding stock of Natural Soda Holdings, Inc. ("NSHoldings"). WRNM is an
indirect, wholly-owned subsidiary of IMC Global, Inc. ("IMC"). IMC Chemicals is
a subsidiary of IMC.

         The original terms of the short-term financing required repayment on
March 24, 2003. Certain of the conditions precedent have not been met and the
parties have agreed to extend the due date of the short-term financing until
April 17, 2003.


ITEM 7.           FINANCIAL STATEMENTS AND EXHIBITS

         (a)      Financial statements of businesses acquired.

Not applicable.

         (b)      Pro forma financial statements.

Not applicable.

         (c)      Exhibits.

  1.     +        Extension Agreement dated March 24, 2003, between AmerAlia,
                  Inc., Natural Soda Holdings, Inc. (formerly Natural Soda,
                  Inc.), Sentient Global Resource Fund I, LP and Sentient
                  Global Resource Trust No. 1

+        Filed herewith.


                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.

                                    AMERALIA, INC.

March  24, 2003                    By: /s/ Robert van Mourik
                                       ----------------------
                                        Robert C.J. van Mourik,
                                        Executive Vice President



                                       2







                                  EXHIBIT INDEX



EXHIBIT NO.         DESCRIPTION

    1               Extension Agreement dated March 24, 2003, between AmerAlia,
                    Inc., Natural Soda Holdings, Inc. (formerly Natural Soda,
                    Inc.), Sentient Global Resource Fund I, LP and Sentient
                    Global Resource Trust No. 1