HMI Harvest Minerals Limited

TIDMHMI

RNS Number : 7235T

Harvest Minerals Limited

26 November 2021

Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining

26 November 2021

Harvest Minerals Limited ('Harvest' or the 'Company')

KPFértil receives certification in Paraguay

Harvest Minerals Limited, the AIM listed remineraliser producer, is pleased to announce that it has received certification to sell its organic, direct natural application fertiliser, KPFértil, in Paraguay.

Brian McMaster, Chairman of Harvest, said: "The learnings and development over recent years are now bearing fruit. Having cemented a foothold at Arapua and the surrounding district, we are now setting our sights further afield as the benefits of direct application natural fertiliser and KPFértil are being recognised by the farming community. We have sought and received certification in Paraguay in response to consumer lead enquiry; although its early days, we expect to be adding Paraguayan customers to our portfolio during 2022. We are very excited about commencing developing our sales channels into Paraguay."

Details

Harvest continues to focus on building sales of KPFértil(R), produced at its Arapua Fertiliser Project in Brazil ('Arapua'), and has already achieved its 2021 sales target of 80,000 tonnes (see RNS announcement dated 26 October 2021). While its core sales efforts will remain on the vast Brazilian agriculture market (33.0% of the country's total land area is used for agriculture), the Company has been looking to expand its reach. Accordingly, it has received certification from SENAVE (Servicio Nacional de Calidad y Sanindad Vegetal y de Semillas) to sell KPFértil in Paraguay.

Being a large agricultural producer, with approximately 55% of total land area agricultural land, Paraguay offers many opportunities for agro-industrial companies. Given its main agricultural products are broadly similar to Brazil (soybeans, coffee, maize, and sugar cane), the Company anticipates significant interest for its organic fertiliser, which has proven cost and quality benefits.

**ENDS**

For further information, please visit www.harvestminerals.net or contact:

 
 Harvest Minerals Limited   Brian McMaster        Tel: +44 (0)20 3940 
                             (Chairman)            6625 
 
 Strand Hanson Limited      Ritchie Balmer        Tel: +44 (0)20 7409 
  Nominated & Financial      James Spinney         3494 
  Adviser                    Abigail Wennington 
 
 Shard Capital Partners     Damon Heath           Tel: +44 (0)20 7186 
  Broker                                           9900 
 
 St Brides Partners Ltd     I sabel de Salis      E : info@stbridespartners.co.uk 
  Financial PR               Oonagh Reidy 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCFEWSAMEFSEFF

(END) Dow Jones Newswires

November 26, 2021 03:29 ET (08:29 GMT)

Harvest Minerals (LSE:HMI)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024

Harvest Minerals (LSE:HMI)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024