TIDMHMI
RNS Number : 6899L
Harvest Minerals Limited
14 January 2021
To view the announcement with the illustrative images and
diagrams please use the following link:
http://www.rns-pdf.londonstockexchange.com/rns/6899L_1-2021-1-14.pdf
Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector:
Mining
14 January 2021
Harvest Minerals Limited ('Harvest' or the 'Company')
Harvest Announces Positive Agronomical Test Results of KP
Fértil(R) on Carrots
Harvest Minerals Limited, the AIM listed remineraliser producer,
is pleased to announce positive agronomic test results for carrot
crops using KP Fértil(R), Harvest's direct application natural
remineraliser produced at the Company's 100% owned Arapua
Fertiliser Project in Brazil ('Arapua').
Highlights:
-- Agronomic tests using KP Fértil(R) returned superior yield
performance in crop experiments in carrots compared to today's
widely used standard application
-- KP Fértil(R) contributed to a significant increase in soil
nutrients, especially Phosphorus
-- Over 78% of the cultivated carrots using KP Fértil(R)
achieved length size within the preferred market range
-- The inclusion of KP Fértil(R) in the mix of fertilisers has
the potential to deliver direct savings of 7.2% in fertilisation
costs
Brian McMaster, Chairman of Harvest, said: "The performance from
the agronomic tests using our KP Fértil(R) in carrot crops was
outstanding in many aspects including soil nutrition, productivity
and economic gains to the farmer. These results add to our
portfolio of superior agronomical results, which have also been
reported on sugarcane and coffee, among other cultures, reinforcing
the versatility of our product and its wide application
optionality. As with our other agronomical tests, these positive
results will be instrumental for our commercial team in increasing
our client portfolio."
Further Information:
Harvest commissioned a range of agronomic tests for carrot
crops, which were conducted under the supervision of The Institute
of Agricultural Research of Cerrado (the 'IPACER'), an independent
and one of the most respected fertiliser and agriculture research
firms in Brazil. The experiments took place between March and
September 2020 at the IPACER's agronomic test facility in the city
of Rio Paranaíba, state of Minas Gerais.
The field trials intended to evaluate the efficiency of KP
Fértil(R) as a partial substitute of the more expensive
conventional fertiliser usually applied in crops of carrots,
measuring the results in terms of productivity, residual effect,
and economic advantage to the farmer.
The experiments demonstrated that the use of KP Fértil(R)
contributed to a significant increase in Phosphorous ('P'), Calcium
('Ca'), Magnesium ('Mg'), Zinc ('Zn'), Boron ('B'), Copper ('Cu')
and Manganese ('Mn') in the soil. The carrot productivity was also
7.7% higher, achieving 84.42 tonnes per hectare (ha(-1) ) compared
to the 78.34 tonnes per ha(-1) from the IPACER Standard
application. The vast majority of the cultivated carrots using KP
Fértil(R) also achieved the range of length desired by the market,
which is between 18cm and 26cm.
Finally, the economic results showed that the inclusion of KP
Fértil(R) in the mix of fertilisers has the potential to deliver
direct savings of 7.2% in the fertilisation costs producing
superior crop outcome. In addition, the IPACER estimated savings of
R$120.0 per tonne in operational costs and an increase of P(2) O(5)
in the order of 86.56 kg per tonne in the soil, which would be
equivalent to R$407.0 per tonne in cost savings.
Standard Fertlisation Fertilisation with KP Fertil
----------------------------------------------- -------------------------------
2,700kg 02-30-00 R$ 4,680 2,000kg 02-30-00 R$ 3,600
(NPK) (NPK)
650kg KCL R$ 1,170 200kg KCL R$ 360
No KP Fertil - 7,000kg KP Fertil R$ 1,470
------------------ --------------------------- -------------------- ---------
Total Application R$ 5,850 Total Application R$ 5,430
Costs Costs
------------------ --------------------------- -------------------- ---------
Total Savings using KP Fertil R$ 420
-7.2%
-------------------------------
Soil Nutrients Results
The use of KP Fértil(R) as a source of nutrients for carrot
crops yielded a significant increment of Phosphorus in the soil and
also showed to be a superior source of Calcium, Magnesium, Zinc,
Copper and Manganese.
Productivity Results
The use of KP Fértil(R) in the mix of fertilisers yielded a
productivity of 84.42 tonnes per ha(-1) , or 7.7% higher compared
to the 78.34 tonnes per ha(-1) from the standard application. In
addition, 78.3% of the cultivated carrots using KP Fértil(R)
achieved the length size of best marketable products, which are
comprised of carrots with length size between 18cm and 26cm. These
results are 24% superior to the crop using the IPACER Standard
fertiliser application.
**ENDS**
For further information, please visit www.harvestminerals.net or
contact:
Harvest Minerals Limited Brian McMaster Tel: +44 (0) 203
(Chairman) 940 6625
Dr Mark Heyhoe
(COO)
Strand Hanson Limited James Spinney Tel: +44 (0) 20
Nominated & Financial Ritchie Balmer 7409 3494
Adviser Jack Botros
Shard Capital Partners Damon Heath Tel: +44 (0) 20 7186
Broker 9900
St Brides Partners Ltd I sabel de Salis Tel: +44 (0) 20 7236
Financial PR Beth Melluish 117
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