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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.

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