Harvest Minerals Limited · LSE:HMI
Harvest Minerals — Investor Presentation (February 2022)
19 slides from Harvest Minerals's investor presentation, Feb 3, 2022
Slide 1: A high margin, natural fertiliser producer & developer in Brazil
A high margin, natural fertiliser producer & developer in Brazil Corporate Presentation Q1 2022
Slide 2: Looking Forward Statements
2 Looking Forward Statements The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of securities, investors should rely on their own examination of Harvest Mineral
Slide 3: Overview
3 Overview Rapidly Building Production & Sales At Flagship Project, Arapua • Proven high margin product – organic certified and non-GMO multi-nutrient fertiliser and soil remineraliser provides competitive and cost-effective crop yields compared to traditional fertilisers • Simple & cost-effective p
Slide 4: Leadership & Corporate Structure
4 Leadership & Corporate Structure Brian McMaster, Executive Chairman Key Information* AIM:HMI • +25 years’ experience in corporate reconstruction, turnaround, and performance improvement, alongside c.25 years in the mining industry. Ordinary Shares in Issue 189,169,217 • Founder of several ASX-list
Slide 5: The Opportunity
5 The Opportunity Positioned to capitalise on the imbalance of fertiliser supply demand dynamics in Brazil Flagship project +3Mtpa located in the core of coffee produced within 300km of the Brazilian agricultural belt in the of Arapuá Carmo do Paranaíba Municipality, in the northwest of Minas Gerais
Slide 6: Feeding An Increasing Population
6 Feeding An Increasing Population In the last two centuries, Latin America’s population Brazil is one of the top 5 most populous countries increased 28 fold. globally Harvest Minerals | HMI.L | Corporate Presentation | Q1 2022 6
Slide 7: Brazil’s Fertiliser Market
7 Brazil’s Fertiliser Market Fear over food supply is creating a boom for fertilisers as farmers look to ramp up production +8% 80% of Brazil’s GDP is represented by the of Brazil’s fertiliser is imported agricultural sector & 10% of total making it vulnerable to market employment in the country osc
Slide 8: Why KP Fértil
8 Why KP Fértil® A new natural remineraliser containing macro/micronutrients essential for plant growth and soil fertility 100% Organic with no chemicals IBD Certified Latin America’s largest certifier of organic products recognized internationally Multi-market potential can be used in organic and n
Slide 9: KP Fértil Marketing Channels
9 KP Fértil Marketing Channels ® www.kpfertil.net.br 11 associates/agronomists split into two regional teams plus Diversified marketing channels including 25kg-bag third-party network of 20 resales centres packaging that drive high profitability margins 13-50 Tonne Bulk 1 Tonne Bigbags 25kg Bags Lar
Slide 10: KP Fértil Sales
10 KP Fértil Sales ® Total Sales Sales by Product & Location Substantial sales orders for 2022 started to be placed towards the end of 2021 Most sales are made to customers in the immediate vicinity of Arapua 160 Sales performance 140 Coffee 120 Soy represents a 46% 100 Sugar 80 Other CAGR (Compound
Slide 11: Arapuá Mine
11 Arapuá Mine Weathered kamafugite lava - naturally rich in K and P as well as Ca, Mg and other micronutrients JORC (2012) Indicated and Inferred Resource of 13.07Mt at 3.1% potassium oxide (K2O) and 2.49% phosphorous (P2O5)
Slide 12: Operations
12 Operations Modular plant allowing for simple, cost-effective production - product excavated and trucked to storage area, homogenized, crushed, bagged/loaded and ready to sell Environmental License allows Harvest to produce up to 400ktpa – 2022 target of 150ktpa Operates at 24-hour, three-shift pr
Slide 13: Timeline – From Resources to Production in Two Years
13 Timeline – From Resources to Production in Two Years Focused on building product awareness & annual sales 2016-2017 2018 2019 2020 2021 The Beginning The Ramp-up Product Awareness Platform Consolidation Focus on Sales ✓ Start of Project ✓ Raised £9.7 million ✓ Established Sales and ✓ Awarded full
Slide 14: Arapuá Showcase Farm
14 Arapuá Showcase Farm Farm established at Arapua in 2018 to demonstrate sustainable benefits of KP Fértil to existing and new customers Objectives • To test KPFértil on multiple crops (sugarcane, coffee & grains Strategically located next to the including soybean & corn) to support verified indepe
Slide 15: Growth – Miriri Phosphate Project
15 Growth – Miriri Phosphate Project Advanced stage phosphate project acquired in December 2021 with historical non- compliant resources of 4.8Mt at 4.19% P2O5 Developed to date by the Brazilian Geological Agency, CPRM, which has executed substantial exploration work Amenable for development of a Di
Slide 16: Growth – Limestone Project
16 Growth – Limestone Project Highly prospective project for the exploration of agriculture limestone Limestone is a critical soil input used to neutralise soil acidity by raising its pH levels - it is estimated that for each tonne of fertiliser, three tonnes of limestone are needed Located in the m
Slide 17: ESG Committed – Zero Carbon Strategy
17 ESG Committed – Zero Carbon Strategy Natural, organic product with minimal environmental impact • No water used during production & no tailings disposal • No contaminants including chloride and salt • Low leaching reduces groundwater contamination • Slow release product with residual effect Low c
Slide 18: Investment Case
18 Investment Case Long-life, flagship project in the heart of Brazil’s agricultural market Produces unique, certified natural & organic product with proven advantages Rapidly building brand awareness & geographic reach Sales showing 46% CAGR over the last three years and starting 2022 with healthy
Slide 19: www.harvestminerals.net
19 www.harvestminerals.net UK office Level 1 20 North Audley Street London, UK Brazilian office Av. Jornalista Ricardo Marinho 360, sala 113 Ed. Cosmopolitan Barra da Tijuca Rio de Janeiro, Brazil https://www.linkedin.com/company/harvest-minerals/ @HarvestMinerals
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