Business
2025 Final Results
Harvest Minerals Limited reported a net loss of $5,795,297 for the year ended December 31, 2025, a significant increase from the prior year's loss of $3,666,673, with revenue from fertiliser sales decreasing to $1,750,597 from $2,648,815. The company experienced a substantial impairment of Arapua project assets amounting to $2,918,685. Despite these challenges, the company raised gross proceeds of £300,000 through a share placement and settled approximately £342,000 in director and company secretary fees via share issuance. Subsequent to year-end, the company's Brazilian subsidiary, Triunfo, obtained injunctive relief from creditors and is negotiating debt restructuring, having settled an amount with Banco Itau S.A. for R$253,269 (AUD$70,250). Disclaimer*
About this update from Harvest Minerals Limited
Harvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining 30 June 2026 Harvest Minerals Limited ('Harvest' or the 'Company') 2025 Final Results Harvest Minerals Limited, the AIM-listed organic fertiliser producer, is pleased to announce its audited Final Results for the year ended 31 December 2025, extracts from which are set out below. The Company's Annual Report & Accounts will today be uploaded to Harvest's website, and the accounts posted to shareholders, where appropriate. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITIES During the financial year, the principal activity of the Group was mineral exploration and production of organic natural fertiliser at its Arapua Fertiliser Project. The Group currently holds mining and agricultural related projects in Brazil. REVIEW OF OPERATIONS Arapua Fertiliser Project Arapua is the Company's principal business unit and currently its sole source of revenue. The Company's focus in prior years has been progressing commercial production and revenue generation. 2025 continued to be a challenging year for the Company and its key project, Arapua. Due to the ongoing challenges globally in the market, during 2025 and continuing into 2026, the focus has been on the preservation of Arapua and addressing the Company's balance sheet - primarily though seeking renegotiation of bank debt facilities in Brazil. Refer to "Significant events after the balance date" below. Total sales for the year were 25,983 tonnes. The poor trading experienced by the Company during 2025 reflects difficult macroeconomic issues outside the control of the Company. Consequently, during 2025, the Company continued with the reduced scope of its operational activities in an effort took to reduce cash burn. Arapua Rare Earth Elements Project During the year the Company announced the results of a limited work programme relating to the potential for rare earth elements (REE) at Arapua. The Company considers the REE potential to be an exciting opportunity and intends to pursue this path further. Corporate Activity Issue of Shares As announced on 23 June 2025, the Company raised gross proceeds of £300,000 through placing 100,000,000 new ordinary shares of no par value at a placing price of 0.3 pence. The Company also issued one warrant per two Placing...
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