Harvest Minerals, Perth, Australia, has opted to exit its proposed potash project in Capela, Sergipe, in northeast Brazil, according to a Bloomberg report. It will reportedly relinquish its exploration license back to Brazil’s National Mining Agency and incur no further expense or obligations with respect to the project.
Harvest Minerals will continue to focus on its Arapua Fertilizer Project in Minas Gerais (GM April 17, 2020), which produces KPfértil, an organic, multi-nutrient slow-release fertilizer and remineralizer made from weathered potassium and phosphate-rich lava. Harvest puts the indicated and inferred resource as 13.07 million mt at 3.1 percent K20 and 2.49 percent P205, with a mine life of over 100 years and production rate of 450,000 mt/y.