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

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IN BRIEF: Harvest Minerals says KP Fertil sales exceed expectations

Wed, 30th Mar 2022 10:50

Harvest Minerals Ltd - London-based fertiliser producer - Posts total sales orders of 70,200 tonnes of its fertiliser KP Fertil for the first quarter of 2022. Amount sold is eight times higher than the initially expected sales orders of 8,656 tonnes, similar to the 8,872 tonnes it sold a year ago.

On March 7, Harvest Minerals won approval from Brazilian government to use its fertiliser KP Fertil, which comes from the Arapua Fertiliser Project in Brazil.

"We have seen improved macro conditions and an increasing awareness of the importance of domestically produced fertilisers all of which have been positives in the development of our sales channels," says Chair Brian McMaster.

Current stock price: 17.18 pence, up 15% on Wednesday

12-month change: up from 2.85p on March 30, 2021

By Tom Budszus; tombudszus@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

More News
15 Feb 2024 17:23

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.

Read more
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.

Read more
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

Harvest Minerals shares plummet as revenue falls and loss widens

(Alliance News) - Harvest Minerals Ltd shares dropped on Thursday, after it reported lower interim revenue and a widened loss.

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21 Sep 2023 10:49

AIM WINNERS & LOSERS: Vela and Cizzle up as Conduit takes NY listing

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday.

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14 Aug 2023 16:52

LONDON MARKET CLOSE: FTSE 100 lags peers as miners fall on China woe

(Alliance News) - Worries for China's property market soured the mood at the start of the week, with the FTSE 100 hit badly thanks to its natural resources sector, although peers in Europe and equities in New York fared better.

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14 Aug 2023 11:52

LONDON MARKET MIDDAY: FTSE 100 down amid Chinese property worries

(Alliance News) - Stock prices in London were lower at midday on Monday, as worries surrounding the health of China continued to mount amid trouble in its real estate sector.

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14 Aug 2023 10:17

AIM WINNERS & LOSERS: Harvest Minerals cuts annual sales forecasts

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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14 Aug 2023 08:45

Harvest Minerals shares fall as again lowers 2023 sales target

(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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10 Aug 2023 15:46

UK shareholder meetings calendar - next 7 days

Friday 11 August 
Crushmetric Group LtdAGM
SIMEC Atlantis Energy LtdAGM
TwentyFour Select Monthly Income Fund LtdAGM
Monday 14 August 
Ethernity Networks LtdAGM
Nanoco Group PLCGM re change in the control of the company
Tuesday 15 August 
Castings PLCAGM
Momentum Multi-Asset Value Trust PLCGM re reconstruction and voluntary winding-up
Primorus Investments PLCAGM
WH Ireland Group PLCGM re dealings in the new ordinary shares
Wednesday 16 August 
Cadence Minerals PLCAGM
Calnex Solutions PLCAGM
NextEnergy Solar Fund LtdAGM
NFT Investments PLCAGM
StreaksAI PLCAGM
VSA Capital Group PLCAGM
Thursday 17 August 
Harvest Minerals LtdAGM
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

(Alliance News) - Harvest Minerals Ltd on Friday reported a profit and a revenue boost in 2022, but cut sales guidance for 2023, noting the year was proving difficult due to uncertain market conditions.

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30 Jun 2023 10:48

AIM WINNERS & LOSERS: Harvest Minerals slashes annual sales forecast

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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18 Apr 2023 18:49

TRADING UPDATES: FireAngel signs two delivery and production deals

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

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14 Feb 2023 09:54

Harvest Minerals wins payment via court ruling as cash grows in 2022

(Alliance News) - Harvest Minerals Ltd on Tuesday praised a local civil court decision in Brazil's municipality Patos de Minas, as it gave a trading update highlighting more cash in 2022.

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24 Jan 2023 12:29

Harvest Minerals 2022 sales surge; has high hopes for 2023 performance

(Alliance News) - Harvest Minerals Ltd on Tuesday said sales volume doubled in 2022, with a strong sales pipeline in place for 2023.

Read more

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