Press Releases

Singapore. Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce that 4,708 hectares of its mineral concessions are prospective for Magnetic Rare Earths (“MRE”) mineralization. MREs, which in Verde’s find include Praseodymium (“Pr”), Neodymium (“Nd”), Dysprosium (“Dy”), and Therbium (“Tb”), are in high demand due to their critical role in the energy transition. These elements are essential components in the production of high-performance magnets used in electric vehicles, wind turbines, and other green technologies, positioning Verde as a strategic player in supporting the global shift towards renewable energy solutions. Continue Reading | Download

Singapore. Verde Agritech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce that it has successfully renegotiated with banks holding 73% of its outstanding loans. The Company expects the remaining five creditor-banks to accept the same terms or face a 75% debt reduction by a court order, as per applicable Brazilian legislation. Continue Reading | Download

Singapore. Verde Agritech Ltd (TSX: “NPK”) ("Verde” or the “Company”) announces its financial results for the period ended June 30, 2024 (“Q2 2024”). Continue Reading | Download

Singapore. Verde AgriTech Ltd. (TSX: “NPK”) ("Verde” or the “Company”) held its Annual General and Special Meeting of shareholders (the “Meeting”) on Thursday, June 27, 2024, at 300 Prof. Antônio Aleixo, Lourdes Belo Horizonte, Minas Gerais Brazil, and is pleased to announce that its shareholders approved all items put before them. Continue Reading | Download

Singapore. Verde AgriTech Ltd (TSX: “NPK”) (“Verde” or the “Company”) is pleased to announce that its potassium multinutrient specialty fertilizer, K Forte® (the “Product”), has a significantly lower carbon footprint than traditional potassium chloride (“KCl”) fertilizer, according to the calculation tool developed by the Brazilian government, RenovaCalc. The emission factor in Renovacalc applied to Potassium Chloride, with 60% K2O mass content, is set at 0.455 tons of carbon dioxide equivalent per ton of K2O (“t CO2e/t K2O”), sourced from the Ecoinvent database.[1] Following Renovacalc’s criteria and based on K Forte®’s Life Cycle Assessment (“LCA”), the emission factor of the Product is set at 0.0655 t CO2e/t K2O.[2],[3] Therefore, the substitution of KCl fertilizer with Verde's Product results in a reduction in emissions of 0.39 t CO2e/t K2O, which represents an 85.6% reduction of the carbon footprint for K2O within sugarcane and corn ethanol production in Brazil. Continue Reading | Download