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Harvest provides Arapua update

Harvest Minerals

 

AIM quoted natural fertiliser producer Harvest Minerals has updated on its producing Arapua multi-nutrient direct application natural remineraliser project located in the heart of the Brazilian agriculture belt in Minas Gerais.

Update overview:

  • approval from the Ministry of Agriculture (‘MAPA’) in Brazil to register
    KPfértil as a remineraliser
  • Trademark approval for KPfértil, the brand name of its multi-nutrient natural remineraliser
  • advancing business plan and commissioned enlarged 320Ktpa modular processing plant
  • submitted final studies to the Brazilian Department of Mines (‘DNPM’) as part of application for a Full Mining Licence (‘FML’) whilst continuing to operate under trial mining licence.

Brian McMaster, Executive Chairman of Harvest, said: “Gaining certification from MAPA for KPfértil, our proven, multi-nutrient, slow release, organic remineraliser, is a great outcome and places us in an even stronger position to advance sales. Following the recent oversubscribed placing, we have progressed our business plan and commissioned the enlarged plant to accommodate the production of 320Ktpa and its delivery to market; this will support the existing and anticipated sales pipeline. Remaining on the theme of sales, our strategy going forward is to provide updates on sales at our final and half-yearly results, unless significant.”

 

 

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