Sirius Minerals Plc Brazil Potato and Tomato Crop Study Results
May 18 2015 - 2:02AM
RNS Non-Regulatory
TIDMSXX
Sirius Minerals Plc
18 May 2015
18 May 2015
RNS REACH
Sirius Minerals Plc
Brazil Potato and Tomato Crop Study Results
The Directors of Sirius Minerals Plc (AIM: SXX, OTCQX: SRUXY)
("Sirius" or the "Company") provide an update on the latest results
from its ongoing global crop study programme.
This update provides results from independent studies undertaken
in Brazil on tomato and potato crops at the University of Sao
Paulo. The Brazilian market for tomatoes accounts for 66% of a
US$4.79 billion South American tomato crop market. Brazil also
supplies 22% of the US$6 billion South American potato crop.
Highlights from the trials include:
-- Polyhalite applied as a straight fertilizer improved tomato
yield by 6% over the control and 15% as a blend component;
-- Tomato quality measured as Brix, pH and fruit firmness
indicated improved taste and shelf life potential;
-- The potatoes grown using a polyhalite blend achieved the same
yield using 68% less product than the local commercial option;
and
-- A polyhalite blend option offers a lower cost, higher
nutrient content and is a more efficient product than a commercial
alternative.
Chris Fraser, Managing Director and CEO of Sirius,
commented:
"Tomatoes and potatoes are two very large markets globally and
these results further demonstrate that polyhalite provides the
farmer with an economical option to lower input costs, increase
yields and get an overall better quality product."
An agronomy update presentation and webcast has been uploaded to
the Company website www.siriusminerals.com.
For further information, please contact:
Sirius Minerals Plc
Investor Relations Email: ir@siriusminerals.com Tel: +44 845
524 0247
--------------------------- ------------------------------- ---------------
Joint Brokers
Liberum Capital Limited Clayton Bush Tel: +44 20
3100 2222
Macquarie Capital (Europe) Ken Fleming, Tel: +44 20
Limited (NOMAD) Nick Harland, 3037 2000
Nick Stamp
WH Ireland Adrian Hadden Tel: +44 20
7220 1666
--------------------------- ------------------------------- ---------------
Media Enquiries Jos Simson, Mike Tel: +44 20
Tavistock Bartlett, 7920 3150
Emily Fenton
--------------------------- ------------------------------- ---------------
Warrant Trading Enquiries
Liberum Capital Limited Simon Smith Tel: +44 20
3100 2171
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About Sirius Minerals Plc
Sirius Minerals is a potash development company with properties
in the United Kingdom (North Yorkshire) and the United States
(North Dakota). Its primary focus is the development of the York
Potash Project which has the world's largest and highest grade
deposit of polyhalite, a multi-nutrient form of potash containing
potassium, sulphur, magnesium and calcium. Incorporated in 2003,
Sirius Minerals' shares are traded on the London Stock Exchange's
AIM market. Its shares are also traded in the United States on the
OTCQX through a sponsored ADR facility. Further information on the
Company can be found at www.siriusminerals.com.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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