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Harvest Minerals Ltd - South America-focused fertiliser producer - In the first four months of 2024, Harvest receives new orders totalling 17,388 tonnes for its KP Fertil product produced at its Arapua Fertiliser Project in Brazil, of which 8,396 tonnes were invoiced by end of the period and the remaining orders are expected to be invoiced through the second quarter. The orders to date represent about 50% of the total volume placed in 2023. Maintains guidance target of 70,000 tonnes for 2024. ‘Despite the ongoing tightness in market prospects, there are signs pointing towards improvement in the second half of the year, particularly as it aligns with the seasonal strength of our target crops. Harvest’s marketing campaign has been positively received, suggesting that new and existing buyers are returning to the marketplace as macroeconomic conditions normalise,’ company says. Current stock price: 2.00 pence 12-month change: down 67% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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