About Us

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.

Our project

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.

Reserves & Resources

The expected mass recovery is 100%. The Mineral Resources are inclusive of the Mineral Reserves.

Mineable Reserve

Proven Reserve Probable Reserve Total Reserve
Tonnes (Mt) 68.11 709.17 777.28
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.

Reserves & Resources

Measured, Indicated and Inferred Mineral Resource Grade Tonnage Report

Tonnes (Mt) Average Grade (% K20)
Total Measured 83 10.13
Total Indicated 1,389 9.23
Total Measured & Indicated 1,472 9.28
Total Inferred 1,850 8.60

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:

  • Phase 1 - 0.6Mtpy
  • Phase 2 - 5Mtpy
  • Phase 3 - 25Mtpy

Project Highlights:

  • Proven and Probable Reserves of 777.28 million tonnes, grading 9.78% K2O
  • Estimated after-tax Net Present Value (NPV) for the Project, using an 8% discount rate, of US$1,987.97 million
  • Estimated after-tax Internal Rate of Return (IRR) of 290%
  • Adopted Potassium Chloride (KCl) long term price of US$250 CFR Brazil as reference for Super Greensand® pricing
  • Estimated Operating Cost of US$14.53, US$6.77, US$7.92 per product tonne for Phases 1, 2 and 3 respectively

Our Mission

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.

Our Vision

To be a global reference for agri-tech focused on sustainability, profitability and productivity.

Our values

Simplicity, Productivity, Fairness, Transparency, Innovation, Success, Well-being, Sustainability, Principled

Our Team

Cristiano Veloso | Founder, President & CEO
Cristiano Veloso holds a Business Management degree from the Management Training Technical School of SEBRAE, an LLB from the Federal University of Minas Gerais, and a Masters in International Business Law from the University of East Anglia, UK. Mr. Veloso founded Verde in 2005 and has since led the Company’s development.
Alysson Paolinelli | Director
Alysson Paolinelli holds a degree in Agronomy from the Federal University of Lavras (UFLA). He has held positions such as the Brazilian Minister of Agriculture, the President of the National Confederation of Agriculture, and the Secretary of Agriculture for Minas Gerais State. As the Minister of Agriculture, Dr. Paolinelli established the Brazilian Agricultural Research Corporation (EMBRAPA), the world’s leading tropical agriculture research institution.
Paulo Sergio Ribeiro Machado| Director
Paulo Sergio Ribeiro Machado holds a degree in Mining Engineering and Geology from the Federal University of Minas Gerais (UFMG) and has spent his career developing and operating large mining projects. He has also acted a member of the Board of Directors of CEMIG, one of the largest and most important electric energy utilities in Brazil.
Renato Gomes| Director
Renato Gomes holds an LL.B. from the Federal University of Minas Gerais (UFMG), an LL.M. from the London School of Economics, UK, and a PhD from Georgetown University, USA. Mr. Gomes is currently President and CEO of Atlantica Mining, which operate iron ore projects in Brazil.
Michael St Aldwyn | Director
Michael St Aldwyn holds a Master’s degree at King’s College London in “Brazil in Global Perspective”. He is an executive with strong connections with global investment markets and with long track record in Latin America. Michael served as Chairman of the Anglo-Brazilian Society from 1996-2002 and as a Director of BlackRock Latin American Investment Trust from 1996-2017. He is currently Chairman of Itacaré Capital Investment Ltd.
Getúlio Lamartine| Director
Getulio Lamartine holds a degree in Economics from the Federal University of Minas Gerais (UFMG). He is a senior economist with over 40 years of government and consulting experience in the Brazilian resource, electrical and power generation sectors, having served as Deputy Minister of the Environment (Brazil) in 1994.
Felipe Paolucci | Chief Financial Officer
Mr. Paolucci is an executive with over 15 years of experience in finance in multinational companies such Arysta (UPL), Unilever and Deloitte. Mr. Paolucci has over 9 years of experience in the agricultural business working for Arysta, a part of the UPL group, the world’s fifth largest agrochemical and biosolutions company, with over USD 5 billion of sales. As an executive at Arysta, he focused on finance, logistics, procurement and planning across both Brazil and Latin America. Mr. Paolucci holds an MBA from Insper and a BA in management and finance from Fumec University, Brazil.
Rodrigo MacLeod | Sales Manager
Rodrigo MacLeod holds a Master degree in Plant Protection from Universidade Estadual Paulista (UNESP). He focus his work on the research of new agro-technological products on plant protection and nutrition and has already conducted thousands of experiments in Brazil with the largest agricultural producers and main research centers, such as EMBRAPA.
Marina Fernandes | Sales
Marina Fernandes holds a degree in Management Processes by UNA. She acts directly in prospecting clients and maintains relationships with existing clients. Marina also participates in studies to introduce new products in the market, and accompanies the logistics to the implementation of agronomic trials and receipt of reports.
Larissa Albuquerque | Marketing
Larissa Albuquerque is postgraduate in Marketing from IBMEC-MG. She participates on the creation and execution of strategic and market planning, content production, competition analysis and monitoring, product development, customer relationship management and brand image management.
Débora Moreira | Mining and Geology
Débora Moreira is currently a PhD candidate in Economic and Applied Geology by IGC/UFMG. She holds a Master degree in Economic and Applied Geology by the postgraduate program of IGC/UFMG. Débora works in the area of mining projects, with emphasis on exploration of nonmetallic deposits and industrial minerals.
Edson Rodrigues | Mining and Geology
Edson Rodrigues is a Mining expert by CEFET-GO. He has nine years of experience on the mining segment, performing functions such as preparation and description of samples, monitoring ore processing, geological mapping, coordination and execution of fieldwork.