KP Fértil® FY21 Sales Target Exceeded
Harvest Minerals Limited, the AIM-listed remineraliser producer, is pleased to announce that it has exceeded its total FY21 sales target of 80,000 tonnes of KP Fértil®, over two months ahead of schedule. KP Fértil® is an organic, multi-nutrient, direct application natural remineraliser, produced by the Company from its 100% owned Arapuá Fertiliser Project in Brazil (‘Arapuá’).
· Accumulated sales orders of KP Fértil® of 80,701 tonnes from 1 January to 16 October 2021:
o 104% higher versus the same period in 2020
Brian McMaster, Chairman of Harvest, said: “We are delighted to have exceeded our sales target for the full year of 2021 well ahead of December. This is a great achievement for the team and represents a watershed moment in the Company’s development. We expect momentum to remain strong for the rest of this year, and look forward to ending 2021 on a high note and a robust start to 2022.”
Review of Operations
During the period 1 January to 16 October 2021, Harvest recorded total sales orders of 80,701 tonnes of its KP Fértil® product, of which 85% (or 68,445 tonnes) has been invoiced and delivered, surpassing the Company’s 2021 sales target of 80,000 tonnes. Total accumulated tonnage to 16 October 2021 represents a 104% increase over the total sales of 39,529 tonnes realised in the same period of 2020.
For further information, please visit www.harvestminerals.net or contact:
Harvest Minerals Limited
Brian McMaster (Chairman)
Tel: +44 (0) 203 940 6625
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