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

Mon, 23rd Oct 2023 20:04

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.

Current stock price: 1.11 pence

12-month change: down 81%

By Jeremy Cutler, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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