Harvest Mi (di) Regulatory News (HMI)

Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining

30 November 2021

Harvest Minerals Limited ('Harvest' or the 'Company')

Recognition for Coffee Grown at Show Case Farm in Brazil

Harvest Minerals Limited, the AIM listed remineraliser producer, has received notable recognition for its coffee beans produced at its Arapua Fertiliser Project ('Arapua') show farm located in the heart of the Brazilian agricultural belt, Minas Gerais.

Brian McMaster, Chairman of Harvest, said: "We believe that using sustainable, natural products to nourish plants will return healthier plants and consequently higher-quality harvests. We are therefore delighted that this has been proven at our Arapua show farm where in just two and a half years we have produced speciality coffee, which is on a level with the big coffee producers in the region, including several of our own clients. We look forward to harvesting future crops and anticipate generating increasingly superior results with the continuous use of our organic fertiliser, KPFértil."

Details

As part of its sales strategy, in December 2018, the Company established a farm at Arapua to showcase the effects of its proven, multi-nutrient fertiliser, KPFértil, on certain crops. Given the State of Minas Gerais' large volume of coffee producers (the region accounts for c.50% of Brazil's coffee production), the farm included a variety of coffee (Catuai Vermelho 144), which, on analysis, has recently returned a speciality coffee with 87 SCAA points; specialty coffee is a term used to refer to coffee that has scored over 80 points on a 100-point scale by the Speciality Coffee Association of America ('SCAA').

Accordingly, the Company was invited to enter its coffee in the Carmocer Contest, a well-known Brazilian contest, where it reached sixth place in the final. First place was won by Ricardo Bartholo, a Harvest client who also uses KPFértil; following the win, a 60kg bag of his coffee was sold at the associated auction for R$55,000,00.

**ENDS**

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