Verde Agritech Ltd T.NPK

Alternate Symbol(s): VNPKF

Chemicals Basic Materials

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.

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Verde Agritech Ltd > Competition

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Comment by Cottonwoolon Apr 09, 2021 4:55pm

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Post# 32971138

RE:Competition

Hi Junior Miner

My understanding is that there is plenty of glauconite in the region of Minas Gerais where Verde operates. However, Verde has the highest quality surface deposits with c.10% mineralisation. Indeed, the company relinquished some of its less economic land several years ago.

I read about a Russian glauconite discovery recently.

There is plenty of glauconite on the seabed but, at present, this is uneconomic.

Verde's glauconite is in an excellent geographical location, but only time will tell whether or not Brazilian farmers will buy K-Forte, BAKS or any of its other future products in large quantities each year.

I would be interested to hear any other opinions.

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