REG - Harvest Minerals Ltd - KPFértil receives certification in Paraguay

Harvest MineralsAnnouncement

26/11/2021 08:30

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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®, 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
(http://www.harvestminerals.net/)  or contact:

 

 Harvest Minerals Limited            Brian McMaster (Chairman)   Tel: +44 (0)20 3940 6625

 Strand Hanson Limited               Ritchie Balmer              Tel: +44 (0)20 7409 3494

 Nominated & Financial Adviser       James Spinney

                                     Abigail Wennington

 Shard Capital Partners              Damon Heath                 Tel: +44 (0)20 7186 9900

 Broker

 St Brides Partners Ltd              Isabel de Salis             E: info@stbridespartners.co.uk

 Financial PR                        Oonagh Reidy

 

 

 

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