Verde is an agri-tech company, focused on delivering smart solutions to the challenges of 21st century agriculture. We aspire to provide ever greater productivity, profitability and sustainability, by developing innovative products that exceed rising standards of organic and conventional farming.
Verde AgriTech plc is a UK incorporated company listed on the Toronto Stock Exchange (TSX: NPK) and on the OTC Markets (OTCQB:AMHPF).
Verde was founded in 2005, when a team of experienced explorers and professionals from the mining industry assembled a grassroots mineral exploration portfolio with properties in Brazil. In 2006, then known as Amazon Mining, the Company was incorporated in England and Wales. After evaluating a number of mineral projects, Verde focused its efforts on the production of natural mineral fertilizers.
Potassium is an essential element for crop growth. Brazil is the largest importer of potassium fertilizers in the world, importing about 95% of all the potassium consumed by its agriculture.
Agriculture is one of the strongest sectors of Brazil’s economy, accounting for about 1/4 of the country’s Gross Domestic Product (GDP). Brazil is rightfully regarded as the world's breadbasket because it is one of the largest agricultural producers and a huge exporter of food commodities to markets around the globe.
The Cerrado Verde Project is located in the Alto Paranaiba region of Minas Gerais state, Brazil, in the heartland of Brazil's largest agricultural market. Verde owns a potassium-rich deposit from which the Company is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability.
The expected mass recovery is 100%. The Mineral Resources are inclusive of the Mineral Reserves.
|Proven Reserve||Probable Reserve||Total Reserve|
|K2O Grade (%)||10.34||9.72||9.78|
(1) As of December 22, 2017.
(2) A cutoff grade of 8.5% K2O was used to report reserves.
(3) Overall strip ratio of 0.29 to 1.
(4) Waste contains inferred resources, which have the potential to be upgraded to higher category resources, and possibly reserves, after sufficient definition work has been completed.
(5) Based on 100% mining recovery.
|Tonnes (Mt)||Average Grade (% K20)|
|Total Measured & Indicated||1,472||9.28|
Mineral resources are not mineral reserves and do not have demonstrated economic viability.
Effective Date of the mineral resource estimate is: March 31, 2014.
In 2018, Verde has commissioned its processing plant in the municipality of São Gotardo, in the state of Minas Gerais.
The plant’s engineering design and site layout were conceived to allow future expansions, divided in three phases according to the expected annual production:
To feed and nourish a growing global population through the production of innovative products of high agronomic efficiency that foster sustainable, profitable and productive agriculture.
To be a global reference for agri-tech focused on sustainability, profitability and productivity.
Simplicity, Productivity, Fairness, Transparency, Innovation, Success, Well-being, Sustainability, Principled