TIDMHMI
RNS Number : 8900H
Harvest Minerals Limited
08 December 2020
To view the announcement with the illustrative images and
diagrams please use the following link:
http://www.rns-pdf.londonstockexchange.com/rns/8900H_1-2020-12-8.pdf
Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector:
Mining
8 December 2020
Harvest Minerals Limited ('Harvest' or the 'Company')
Positive Agronomical Test Results of KP Fértil(R) on
Sugarcane
Harvest Minerals Limited, the AIM listed remineraliser producer,
is pleased to announce positive agronomic test results for
sugarcane plantation areas using KP Fértil(R), Harvest's direct
application natural remineraliser produced at the Company's 100%
owned Arapua Fertiliser Project in Brazil ('Arapua').
Highlights:
-- Agronomic tests using KP Fértil(R) have returned superior
yield performance in sugarcane plantation areas compared to the
more traditional and widely used reactive phosphate Bayóvar
fertiliser
-- The higher the doses of KP Fértil(R), the higher the yields presented
-- The yields using KP Fértil(R) were also significantly higher
when compared to that of an area with a control treatment without
phosphorus application
-- Tests were conducted under the leadership of Dr. Gaspar
Henrique Korndorfer, one of the leading and most respected
sugarcane specialists in Brazil
Brian McMaster, Chairman of Harvest, said: "The yield
performance from the agronomic tests using our KP Fértil(R) in
sugarcane plantations is outstanding. It compares very favourably
to the highly soluble Bayóvar, which is widely used by the
Brazilian sugar mills, giving us a strong opportunity to develop a
new sales market. It should be highlighted that the positive
results were achieved in two different types of soils, distantly
located from each other, and that the yield results should improve
year upon year due to the residual set of nutrients left by our
product. We are therefore confident that these agronomic results
give just a small indication of the significant benefit that our KP
Fértil(R) product can offer.
"Looking at the new market opportunity, Brazil is the world's
largest sugar producer and accordingly sugar cane is one of the
largest and most important crops in the Country. Our commercial
team will use these agronomic results to build our presence within
this significant market and increase our client portfolio."
Further Information:
The agronomic experiments were installed in March and June 2019
in two areas with different soil types: the Santo Angelo Sugar
Mill, located in the city of Veríssimo, state of Minas Gerais, and
the Mata Sugar Mill, located in the city of Guararapes, state of
Sao Paulo.
Both field trials intended to evaluate the yield of sugarcane as
a function of phosphorus ('P') doses (in kg ha(-1) of P(2) O(5) )
sourced from two different products:
1. the remineraliser KP Fértil(R) (3.2% total P(2) O(5) ), and,
2. the reactive phosphate of Bayóvar (29% total P(2) O(5) ).
The treatments consisted of three doses of 80kg, 160kg and 320kg
per ha(-1) of P(2) O(5) for both KP Fértil(R) and Bayóvar, with
each applied over the selected areas in both sugar mills. A control
treatment area without phosphorus application was also tested, with
4 repetitions.
The application of both P sources occurred after the planting of
sugarcane. Following the first sugarcane harvest, the yield
performance was assessed based on three parameters:
1. total of stalk per hectare (TSH);
2. tonnes of sucrose ("POL") per hectare (TPH), and;
3. total recoverable sugar (TRS).
According to the summary of the analysis as seen in the charts
below, the application of KP Fértil(R) returned superior yields
related to all three TSH, TPH and TRS parameters analysed, compared
to the application of Bayóvar at both rates of 160kg and 320kg per
ha(-1) of P(2) O(5) , the latter in general returned a decreasing
yield rate performance as the doses were higher.
In conclusion, the tests have shown that the higher the doses of
KP Fértil(R), the higher the yields. The yields using KP Fértil(R)
were also significantly higher when compared to the control area
that had no phosphorus application.
The tests were conducted under the leadership of Dr. Gaspar
Henrique Korndorfer, who is one of the most respected sugarcane
consultants in Brazil and is widely referenced in sugarcane and
silicon research, having worked in more than 60 sugar mills in the
states of Sao Paulo, Minas Gerais and Goiás. He is also an active
consultant for the Minister of Agriculture (MAPA), a position he
has held since 1999.
Total Stalk per Hectare (TSH)
At the Santo Ângelo Sugar Mill, the use of KP Fértil(R) as a
source of nutrients for sugarcane yielded gains of 12.4 tonnes of
TSH when compared to the yield of the control treatment area
(Figure 1). Better TSH results were obtained with higher doses KP
Fértil(R), which reached an increase of up to 6.7 tonnes per ha(-1)
, when compared to the application of Bayóvar at the same 320 kg
ha(-1) doses' rate. On the other hand, it was observed that the
increased doses of Bayóvar at 160kg and 320kg per ha(-1) resulted
in a decline in yield from its best result reached at 80 kg ha(-1)
of P(2) O(5) .
At the Mata Sugar Mill, the use of KP Fértil(R) at a rate of 160
kg ha(-1) of P(2) O(5) yielded gains of up to 16 tonnes TSH when
compared to the yield of the control treatment area (Figure 1).
Again, the results from Bayóvar application decreased with the
higher application rate by hectare.
Figure 1: Total of stalk per hectare (TSH) t ha(-1) as a
function of different doses of P(2) O(5) through the sources KP
Fértil(R) and Bayóvar.
Tonnes of POL per Hectare (TPH)
Similar to the results found with the TSH analysis, KP Fértil(R)
doses at a rate of 160kg and 320 kg ha(-1) have also returned
superior TPH results than the ones observed at same rate with the
application of Bayóvar in both Santo Ângelo Sugar and Mata Sugar
Mills. Again, the results from Bayóvar application decreased with
the higher application rate by hectare.
Figure 2: Tonnes of POL per Hectare (TPH) t ha(-1) as a function
of different doses of P(2) O(5) through the sources KP Fértil(R)
and Bayóvar.
Total Recoverable Sugar (TRS)
Regarding the quality of the raw material, at the Santo Ângelo
Sugar Mill, the application of KP Fértil(R) resulted in increases
of TRS values that vary from 0.5 to 3.6 kg t(-1) when compared to
the results obtained in the control treatment area (Figure 3). When
compared to Bayóvar, KP Fértil(R) application resulted in increases
of up to 1.3 kg t(-1) , when both were applied at a dose of 320 kg
ha(-1) of P(2) O(5) .
At the Mata Sugar Mill, KP Fértil(R) application at a rate of
320 kg ha(-1) of P(2) O(5) resulted in an increase of 6.8 kg t(-1)
of recoverable sugar compared to the control treatment area and 5.2
kg t(-1) compared to the treatment Bayóvar applied at the same dose
rate.
Figure 3: Total Recoverable Sugar (TRS) kg t(-1) as a function
of different doses of P(2) O(5) through the sources KP Fértil(R)
and Bayóvar.
**ENDS**
For further information, please visit www.harvestminerals.net or
contact:
Harvest Minerals Limited Brian McMaster (Chairman) Tel: +44 (0) 203 940
6625
Strand Hanson Limited James Spinney Tel: +44 (0) 20 7409
Nominated & Financial Ritchie Balmer 3494
Adviser Jack Botros
Shard Capital Partners Damon Heath Tel: +44 (0) 20 7186
Broker 9900
St Brides Partners Ltd Charlotte Page Tel: +44 (0) 20 7236
Financial PR Beth Melluish 117
Notes
Harvest Minerals Limited (HMI.L) is an AIM-quoted low-cost and
high margin Brazilian remineraliser producer, located in the heart
of the largest and fastest growing fertiliser market in Brazil.
The Company's product, KPFértil, is a registered and approved
organic multi-nutrient direct application fertiliser. It contains
many of the essential nutrients and minerals required by plants
and, unlike most fertilisers, it does not require any complex
processing or chemically alteration, instead it can be applied
directly to crops.
KPFértil is produced at the wholly owned Arapua project, that
consists of a fully permitted mine, production and storage
facilities able to produce and deliver KPFértil to customers. Known
mineralisation at the Project is expected to support 100+ years'
production at 450Ktpa and to capitalize on this the Company has a
dedicated in-country sales and marketing team with the skills,
experience and contacts to sell KPFértil into the potential
multi-Mtpa market on the doorstep of the Project.
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