Seeking Alpha

Proactive Investor's  Instablog

Proactive Investor
Send Message
Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
My company:
Proactiveinvestors
My blog:
Proactiveinvestors
  • Verde Potash Reports Positive Results From ThermoPotash Trials 1 comment
    Sep 12, 2013 5:50 PM

    Fertilizer group Verde Potash (TSE:NPK) has reported positive results from testing of ThermoPotash - the new product, with which it plans to kick off production.

    The field trial on coffee crops, which took place over 30 months, showed that ThermoPotash, or TK, was more efficient in delivering potassium than another form of potash fertiliser - potassium chloride (KCl).

    The product generated equivalent coffee yield while using 36% of the potash that was applied to the KCl test plots in Brazil, Verde said. ThermoPotash can also be applied in a single dose rather than multiple applications of KCI, which is positive in terms of costs.

    ThermoPotash does not contain chloride, which research has shown is responsible for a reduction in quality of coffee beverages.

    The tests in Brazil were carried out by the company in conjunction with EPAMIG, the agricultural research service of the government of Minas Gerais State.

    Last month, Verde unveiled a new strategy to develop the Cerrado Verde project.

    It will involve two phases, and the first phase will see the company build a rotary kiln flex plant with a capacity of around 1,000 tonnes per day (tpd) for the production of ThermoPotash.

    The flex plant will also be operated to process potassium chloride (KCl) in order to further develop scale-up and commercialisation of the process and with the intent of securing performance guarantees on a 12,000 tpd kiln for KCl production.

    Brazil is the world's largest coffee producer with more than half of the country's coffee grown in Minas Gerais State. Brazilian coffee growers spend around US$250 million annually on potash fertilisers.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Back To Proactive Investor's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (1)
Track new comments
  • Lima
    , contributor
    Comments (5) | Send Message
     
    Living in Brazil long enough to raise a family, get a degree in Biology, & dabble in agriculture in three states, SP, MS, & MG, I recently visited all three, plus CE & PI to give a workshop in bio-intensive horticulture. I must agree, Brazil does indeed have promise, especially in using soil more effectively. Too often lands have been exhausted, relegated to poor pasture. Some have had buildup of salts from chlorides, etc.. Here's a my view of Verde thermopotash potential.
    I favor solutions in ag that have long term effect in the soil. Mitsui produces a very effective dolomitic thermophosphate, "Yoorin", that is valued by some of Brazil's sharpest producers due to its immediate and long term results. Yields in Sao Paulo state show thermophosphate producing as well at 400k/Ha. as 400k of superphosphate plus 2 tons of lime--a big savings in freight & application expense! Not surprisingly, trials with Verde's thermopotash show it also is a great fertilizer, with persistence far superior to KCl results. Why? Thermal products do not leach away or become "fixed", unavailable to plants. Fused and ground into fine particles, the nutrients, including Ca, Mg, Si, etc., become available and remain so; tests show benefit for up to five succeeding crops. Yoorin got organic status in Brazil due to being similar to rich volcanic soil particles, so I suppose Verde's thermopotash may also, an added value. Extra nutrients, efficiency, freight savings--what's not to like? I hope to go back to Brazil and find locally produced thermopotash to use, along with the thermophosphate.
    I profited twice with Verde, & lost some after they decided to go with a KCl process. Now they are back planning to begin with thermopotash, and at a low, so I hope to re-enter "se Deus quiser", but will not do so before 72 hours. (This time I'll use a 25% trailing stop!)
    16 Nov 2013, 01:32 AM Reply Like
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.