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Pin to quick picksHarvest Mi (di) Share News (HMI)

Share Price Information for Harvest Mi (di) (HMI)

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Share Price: 2.00
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Change: -0.05 (-2.44%)
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Open: 2.05
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Harvest Minerals gets approval for 'big bag' facility at Arapua

Thu, 19th Sep 2019 15:17

(Sharecast News) - Fertiliser producer Harvest Minerals announced on Thursday that the Brazil Ministry of Agriculture (MAPA) has issued approval for its new 'big bag' handling and storage facility, located at the Arapua Project, where it produces multi-nutrient direct application natural remineraliser 'KPFértil'.
The AIM-traded firm said the big bag handling and storage facility would be located adjacent to existing KPFértil production facility.

It said the MAPA approval would enable the marketing and distribution of KPFértil in one tonne bags, supplementing current bulk sales.

The new storage facility, with the capacity to hold 500 one tonne big bags, was now completed and certified by MAPA.

Harvest Minerals said a one tonne big bag would be suited for the smaller-scale agricultural market and co-operatives.

"The focus this year has been on sales and marketing, continuing to improve our facilities and increase our efficiency in order to better serve our customers as we build a sustainable business," said Harvest Minerals executive chairman Brian McMaster.

"We were delighted to receive the necessary MAPA approval to advance our one tonne big bag marketing and distribution initiatives as the ability to distribute KPFértil in one tonne big bags will help us to service a broader range of clients, as well as assist in marketing KPFértil to new customers."
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Harvest Minerals surges 50% on rare earth element discovery at Arapua

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IN BRIEF: Harvest Minerals shares up on KP Fertil orders update

Harvest Minerals Ltd - London-based fertiliser producer with operations in Brazil - Says 2023 orders for its direct application fertiliser, KP Fertil totalled 34,880 tonnes, of which 28,707 were invoiced. Notes that approximately 8,469 tonnes of placed orders were cancelled at the end of September due to unforeseen issues. Looking ahead, Harvest Minerals expects 70,000 tonnes of placed orders for 2024 despite lower demand. "Given the historic expectation that approximately 80% of sales are seasonally placed in the second half of the year and, factoring in the orders placed up to the date of this press release, we are setting a guidance target of 70,000 tonnes to the year of 2024 and will keep the market informed of the performance as we advance the year," it says.

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23 Oct 2023 20:04

IN BRIEF: Harvest Minerals expects fertiliser demand to grow next year

Harvest Minerals Ltd - London-based fertiliser producer with operations in Brazil - Says orders to the end of September totalled 40,000 tonnes, of which 22,500 tonnes has been invoiced for payment and 17,500 tonnes is forecast to be invoiced for payment by the end of December. Expects further orders to be placed during the fourth quarter of 30,000 tonnes. Forecasts fertiliser demand to improve during 2024, but says uncertain market conditions are expected to continue throughout 2023 and at least the early stages of 2024.

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23 Oct 2023 12:30

Harvest Minerals updates on challenging year for fertiliser sales

(Sharecast News) - Fertiliser producer Harvest Minerals updated the market on sales for its KP Fértil product on Monday, reporting that as of the end of September, it had received orders totalling 40,000 tonnes.

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21 Sep 2023 12:34

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(Alliance News) - Harvest Minerals Ltd on Monday downgraded its 2023 sales target for its application fertiliser KP Fertil to be lower than half of its original goal.

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Calnex Solutions PLCAGM
NextEnergy Solar Fund LtdAGM
NFT Investments PLCAGM
StreaksAI PLCAGM
VSA Capital Group PLCAGM
Thursday 17 August 
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Quantum Exponential Group PLCAGM
Windward LtdAGM
Yourgene Health PLCGM and court meeting re takeover by Novacyt
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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30 Jun 2023 10:50

Harvest Minerals shares drop amid uncertain fertiliser market

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