Agoracom Blog Home

Posts Tagged ‘fertilizer’

St-Georges Eco Mining: Leading the Charge in Battery Recycling and Sustainable Resource Recovery

Posted by Paul Nanuwa at 1:19 PM on Wednesday, September 18th, 2024


Introduction:

The landscape of battery recycling is undergoing a rapid transformation, driven by global concerns over resource scarcity and environmental impact. A new initiative from the U.S. Department of Energy highlights the growing urgency to recycle critical materials like lithium, nickel, and cobalt, as demand surges due to the rise in electric vehicles (EVs) and renewable energy technologies. St-Georges Eco Mining, an emerging leader in battery recycling and environmental solutions, is poised to capitalize on this industry shift. Its recent advancements, including the operational launch of its Thorold facility, demonstrate a clear alignment with the evolving market trends and regulatory support for sustainable technologies.

Industry Outlook and St-Georges Eco Mining’s Trajectory:

The battery recycling industry is gaining momentum, with increasing governmental backing. The Department of Energy’s new $14 million initiative underscores the importance of reclaiming critical minerals from discarded batteries, helping to alleviate the pressure on raw material extraction and reduce environmental hazards. This shift presents a significant opportunity for companies like St-Georges Eco Mining, which is at the forefront of developing innovative recycling technologies. With its Thorold battery processing plant in Ontario, St-Georges is strategically positioned to contribute to the circular economy, transforming waste into valuable resources.

Voices of Authority:

U.S. Secretary of Energy Jennifer Granholm emphasized the necessity of battery recycling in securing critical materials domestically, stating: “We want to be able to create multiple ways for us to access those critical materials in the United States, and recycling is one component of that.” This sentiment resonates with St-Georges Eco Mining’s mission, which is rooted in creating sustainable solutions for the mining and recycling sectors. Similarly, MIT’s Martin Bazant advocates for increased recovery efforts, saying, “We have to be able to recycle them,” reinforcing the urgent need for infrastructure and innovation in this space—areas where St-Georges is actively making strides.


St-Georges Eco Mining’s Highlights:

St-Georges Eco Mining’s Thorold facility is a landmark achievement, showcasing the company’s capability to process over an incredible 4,200 tons of alkaline batteries annually. The company’s partnership with Call2Recycle further strengthens its position in the industry, enabling it to address Ontario’s growing battery recycling needs while reducing carbon emissions.

The facility which is located in the beautiful region of Niagara Falls, achieved an impressive recycling efficiency rate (RER) of 87.7%, which is the highest in Canada for single-use batteries.

Call2Recycle has seen a 21% growth in battery collection since 2023, with Ontario contributing 40% of the volumes. Operating under rigorous environmental and safety standards ensures that its recycling processes are safe, efficient, and compliant with the highest industry standards. This has helped Call2Recycle maintain trusted relationships and expand its network of over 12,000 collection locations across North America.


Beyond The Battery:

St-Georges is not just focused on recycling; it’s also innovating by turning recovered materials into useful products, such as agricultural fertilizers, showcasing its commitment to a holistic circular economy model.

St-Georges plans to collaborate with its subsidiary, St-Georges Metallurgy (SXM), to develop agricultural fertilizers from components of the black mass. The specific elements in the black mass, such as certain metal salts, can be repurposed into nutrient-rich fertilizers that are beneficial for agriculture.

Developing products from black mass not only reduces waste but also creates additional revenue streams for the company, making the recycling process more economically viable.

Real-world Relevance:

For the average consumer, battery recycling might seem like a distant concept, but its impact is profound. Every discarded phone or laptop that ends up in a landfill represents a lost opportunity to recover valuable materials that are essential for the technologies driving the green energy revolution. St-Georges Eco Mining’s work ensures that these materials can be reused, reducing the need for environmentally damaging mining operations. Just as recycling a plastic bottle can lead to a new product, St-Georges is giving new life to the metals found in batteries, contributing to both environmental sustainability and resource efficiency.

Looking Ahead with St-Georges Eco Mining:

As battery demand increases, particularly with the rise of EVs, the need for robust recycling solutions will only grow. St-Georges Eco Mining is already scaling its operations to meet this demand, with plans to enhance its recycling processes and expand its capacity. By aligning its goals with the industry’s shift toward sustainability, the company is well-positioned to play a pivotal role in the future of resource recovery. The company’s focus on refining its multi-chemistry recycling lines and integrating metallurgical technologies puts it ahead of the curve, anticipating the complexities of future battery recycling needs.


Conclusion:

St-Georges Eco Mining is a key player in the growing battery recycling industry, equipped with cutting-edge technologies and strategic partnerships that position it for long-term success. As the global push for sustainable solutions intensifies, the company’s achievements underscore its value proposition for investors looking to align with environmental and economic trends. With a clear vision and proven capabilities, St-Georges Eco Mining stands ready to power the next phase of the green energy revolution.

YOUR NEXT STEPS

Visit $SX HUB On AGORACOM: https://agoracom.com/ir/St-GeorgesEco-Mining
Visit $SX 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/St-GeorgesEco-Mining/profile
Visit $SX Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.

In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

 

FEATURE: Ontario’s New Battery Recycling Plant Sets New Efficiency Standard

Posted by Paul Nanuwa at 1:22 PM on Wednesday, August 21st, 2024

St-Georges Eco-Mining (SX: CSE) (SXOOF: OTCQB) and Call2Recycle launch Ontario’s most efficient battery processing facility.

THE FACILITY:

The Thorold, Ontario facility which is located in the beautiful region of Niagara Falls, can process 4,200 tons of alkaline batteries annually effectively recycling 87.7% of components. The highest efficiency rate in Canada!

Call2Recycle has seen a 21% growth in battery collection since 2023, with Ontario contributing 40% of the volumes.

Operating under rigorous environmental and safety standards ensures that its recycling processes are safe, efficient, and compliant with the highest industry standards. This has helped Call2Recycle maintain trusted relationships and expand its network of over 12,000 collection locations across North America.

BEYOND THE BATTERY:

St-Georges plans to collaborate with its subsidiary, St-Georges Metallurgy (SXM), to develop agricultural fertilizers from components of the black mass. The specific elements in the black mass, such as certain metal salts, can be repurposed into nutrient-rich fertilizers that are beneficial for agriculture.

Developing products from black mass not only reduces waste but also creates additional revenue streams for the company, making the recycling process more economically viable.

PROBLEM SOLVING:

The plant can process over 60% of Ontario’s collected batteries locally, reducing transportation emissions and costs.

The facility supports local job growth and strengthens Ontario’s circular economy, benefiting both the environment and the economy.

WHAT MANAGEMENT HAS TO SAY:

Joe Zenobio, President of Call2Recycle Canada – “Partnering with EVSX is a major step in expanding our recycling infrastructure.”

Enrico Di Cesare, CEO of EVSX – “We are committed to expanding our operations to achieve 100% recovery of all battery components.”

EXPERIENCE MATTERS:

50 Million Kilograms Recycled: Since its inception (1997), Call2Recycle has safely collected and recycled almost 50 million kilograms of batteries in Canada alone.

Circular Economy: By diverting batteries from landfills and reintroducing materials back into the economy, Call2Recycle contributes to a circular economy, which minimizes waste and conserves natural resources.

Call2Recycle’s efforts are crucial in mitigating the environmental impact of battery waste, and its partnerships with companies like St-Georges Eco-Mining, further enhance its ability to manage the growing volume of batteries being used and disposed of in the modern world.

YOUR NEXT STEPS

Visit $SX HUB On AGORACOM: https://agoracom.com/ir/St-GeorgesEco-Mining
Visit $SX 5 Minute Research Profile On AGORACOM: https://agoracom.com/ir/St-GeorgesEco-Mining/profile
Visit $SX Official Verified Discussion Forum On AGORACOM: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion

DISCLAIMER AND DISCLOSURE

This record is published on behalf of the featured company or companies mentioned (Collectively “Clients”), which are paid clients of Agora Internet Relations Corp or AGORACOM Investor Relations Corp. (Collectively “AGORACOM”)

AGORACOM.com is a platform. AGORACOM is an online marketing agency that is compensated by public companies to provide online marketing, branding and awareness through Advertising in the form of content on AGORACOM.com, its related websites (smallcapepicenter.com; smallcappodcast.com; smallcapagora.com) and all of their social media sites (Collectively “AGORACOM Network”) .  As such please assume any of the companies mentioned above have paid for the creation, publication and dissemination of this article / post.

You understand that AGORACOM receives either monetary or securities compensation for our services, including creating, publishing and distributing content on behalf of Clients, which includes but is not limited to articles, press releases, videos, interview transcripts, industry bulletins, reports, GIFs, JPEGs, (Collectively “Records”) and other records by or on behalf of clients. Although AGORACOM compensation is not tied to the sale or appreciation of any securities, we stand to benefit from any volume or stock appreciation of our Clients.

In exchange for publishing services rendered by AGORACOM on behalf of Clients, AGORACOM receives annual cash and/or securities compensation of typically up to $125,000.

Facts relied upon by AGORACOM are generally provided by clients or gathered by AGORACOM from other public sources including press releases, SEDAR and/or EDGAR filings, website, powerpoint presentations.  These facts may be in error and if so, Records created by AGORACOM may be materially different. In our video interviews or video content, opinions are those of our guests or interviewees and do not necessarily reflect the opinion of AGORACOM.

CLIENT FEATURE: Dusolo (DSF: TSX-V) Capitalizing on Brazil’s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 10:51 AM on Thursday, November 26th, 2015

BY BEING A DOMESTIC FERTILIZER PRODUCER, DUSOLO IS ABLE TO OFFER A PREMIUM PRODUCT AT A SIGNIFICANTLY LOWER COST

  • Direct Application Natural Fertilizer (DANF) product is in demand in the region
  • Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
  • Bomfim Processing Plant operating at full capacity
  • On track to produce at least ~100,000 tonnes of DANF in 2015
  • Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million
  • Starting to generate revenue

MANY NEAR TERM CATALYSTS EXPECTED

  • Entering into additional DANF product sales contracts
  • Doubling capacity at our processing facility to 160,000 tonnes per year
  • Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
  • Third Party Economic Evaluation of Operations Planned for 2015
  • Strong Financial Backing

Company entered into an agreement with Mineração Batalha e Participações Ltda. to acquire the São Roque Phosphate Project in southeast Brazil.

The Project’s highlights include:

  • Located within the agribusiness region of Minas Gerais and São Paulo states, with many coffee, orange and sugar-cane (ethanol) plantations in the surrounding area.
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.
  • Close proximity to infrastructure, including roads, rail, water and power, and existing fertilizer producers. City of Piumhi is 40 km from the Project.
  • 70% interest earned through commitment to invest in exploration and project development. No direct payment to JV Partner.

BRAZIL’S DOMESTIC FERTILIZER SUPPLY DOES NOT MEET CURRENT DEMANDS

  • World’s largest exporter of sugar, coffee and orange juice and the 2nd largest in soybean exports
  • Brazil imports more than 50% of phosphate fertilizers used overseas
  • Significant transportation and logistic-related costs are added to imported fertilizers
  • DuSolo’s is increasing the supply of domestically produced fertilizers
  • Helping the country achieve agricultural self-sufficiency

FLAGSHIP ASSET LOCATED IN ONE OF THE WORLD’S LARGEST AGRICULTURAL REGIONS

  • The Cerrado region is home to one of the largest arable landmasses in the world
  • Majority of future increases in global food production is expected to come from this region
  • The tropical rains in the Cerrado wash away nutrients, leaving the soil poor for farming and needing to be fertilized frequently
  • Cerrado is land locked, therefore making fertilizer imports very expensive

 

STRONG DEMAND FOR DANF EXISTS IN THE REGION

Within a 500 km radius of DuSolo’s processing facility:

  • 1.2 million tonnes of phosrock is being consumed every year
  • 585 farms and agricultural centres exist
  • DANF consumption is growing at a compound annual growth rate of 6%
  • No domestic production

CLIENT FEATURE: (DSF: TSX-V) Capitalizing on Brazil’s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 10:12 AM on Wednesday, November 18th, 2015

BY BEING A DOMESTIC FERTILIZER PRODUCER, DUSOLO IS ABLE TO OFFER A PREMIUM PRODUCT AT A SIGNIFICANTLY LOWER COST

 

  • Our Direct Application Natural Fertilizer (DANF) product is in demand in the region
  • Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
  • Bomfim Processing Plant operating at full capacity
  • On track to produce at least ~100,000 tonnes of DANF in 2015
  • Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million
  • Starting to generate revenue

MANY NEAR TERM CATALYSTS EXPECTED

  • Entering into additional DANF product sales contracts

  • Doubling capacity at our processing facility to 160,000 tonnes per year

  • Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
  • Third Party Economic Evaluation of Operations Planned for 2015
  • Strong Financial Backing

Company entered into an agreement with Mineração Batalha e Participações Ltda. to acquire the São Roque Phosphate Project in southeast Brazil.

The Project’s highlights include:

  • Located within the agribusiness region of Minas Gerais and São Paulo states, with many coffee, orange and sugar-cane (ethanol) plantations in the surrounding area.
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.
  • Close proximity to infrastructure, including roads, rail, water and power, and existing fertilizer producers. City of Piumhi is 40 km from the Project.
  • 70% interest earned through commitment to invest in exploration and project development. No direct payment to JV Partner.

BRAZIL’S DOMESTIC FERTILIZER SUPPLY DOES NOT MEET CURRENT DEMANDS

  • World’s largest exporter of sugar, coffee and orange juice and the 2nd largest in soybean exports
  • Brazil imports more than 50% of phosphate fertilizers used overseas
  • Significant transportation and logistic-related costs are added to imported fertilizers
  • DuSolo’s is increasing the supply of domestically produced fertilizers
  • Helping the country achieve agricultural self-sufficiency

FLAGSHIP ASSET LOCATED IN ONE OF THE WORLD’S LARGEST AGRICULTURAL REGIONS

  • The Cerrado region is home to one of the largest arable landmasses in the world
  • Majority of future increases in global food production is expected to come from this region
  • The tropical rains in the Cerrado wash away nutrients, leaving the soil poor for farming and needing to be fertilized frequently
  • Cerrado is land locked, therefore making fertilizer imports very expensive

STRONG DEMAND FOR DANF EXISTS IN THE REGION

Within a 500 km radius of DuSolo’s processing facility:

  • 1.2 million tonnes of phosrock is being consumed every year
  • 585 farms and agricultural centres exist
  • DANF consumption is growing at a compound annual growth rate of 6%
  • No domestic production

DuSolo Acquires New High-Grade Phosphate Project

Posted by AGORACOM-JC at 5:49 PM on Wednesday, September 9th, 2015

  • Entered into an agreement with Mineração Batalha e Participações Ltda. to acquire the São Roque Phosphate Project in southeast Brazil
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.

VANCOUVER, BRITISH COLUMBIA–(Sept. 9, 2015) – DuSolo Fertilizers Inc., (TSX VENTURE:DSF) (“DuSolo” or “the Company”) is pleased to announce that it has entered into an agreement (“the Agreement“) with Mineração Batalha e Participações Ltda. (“the JV Partner“) to acquire the São Roque Phosphate Project (“São Roque” or “the Project”) in southeast Brazil. The Project’s highlights include:

  • Located within the agribusiness region of Minas Gerais and São Paulo states, with many coffee, orange and sugar-cane (ethanol) plantations in the surrounding area.
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.
  • Close proximity to infrastructure, including roads, rail, water and power, and existing fertilizer producers. City of Piumhi is 40 km from the Project.
  • 70% interest earned through commitment to invest in exploration and project development. No direct payment to JV Partner.

“São Roque is an excellent addition to the Company’s portfolio of projects. With this acquisition, DuSolo has phosphate assets throughout the Cerrado, one of the world’s fastest growing agricultural regions,” said Darren Bowden, Chief Executive Officer. “Despite the current downturn in Brazilian fertilizer demand, the Company remains optimistic about demand recovering in the mid to long term and therefore continues to pursue its expansion strategy within Brazil.”

Under the terms of the Agreement, DuSolo will carry out an estimated C$100,000 drill program in lieu of payment to the JV Partner. The Company will drill a minimum of 200 meters to test the thickness and extension of the mineralized profile. Contingent upon receipt of positive results, the parties will then form a partnership with participation interest allocated at 70% to DuSolo and 30% to the JV Partner. The newly formed partnership will carry out an exploration program aimed at defining a resource that can be added to DuSolo’s future development pipeline. The cost of exploration will be funded in full by DuSolo, while any future production costs will be distributed amongst the partners in accordance with their participation interest. At any given time, DuSolo can choose to end the partnership or alternatively, exercise a call option to acquire the remaining 30% for a cash payment of US$3 million.

ABOUT DUSOLO

DuSolo Fertilizers Inc. is focused on developing a fully integrated process to produce phosphate based fertilizers within the Cerrado region of Brazil as part of a nationwide effort, incentivized by the government, to increase supply of domestically sourced fertilizers and achieve agricultural self sufficiency.

On behalf of DuSolo Fertilizers Inc.

Darren Bowden, Chief Executive Officer

Forward-looking statements

Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”. Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

DuSolo Fertilizers Inc.
[email protected]
(604) 331-9853
www.DuSolo.com

CLIENT FEATURE: Dusolo (DSF: TSX-V) Capitalizing on Brazil’s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 1:58 PM on Wednesday, September 9th, 2015

BY BEING A DOMESTIC FERTILIZER PRODUCER, DUSOLO IS ABLE TO OFFER A PREMIUM PRODUCT AT A SIGNIFICANTLY LOWER COST

  • Direct Application Natural Fertilizer (DANF) product is in demand in the region
  • Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
  • Bomfim Processing Plant operating at full capacity
  • On track to produce at least ~100,000 tonnes of DANF in 2015
  • Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million
  • Starting to generate revenue

MANY NEAR TERM CATALYSTS EXPECTED

  • Entering into additional DANF product sales contracts
  • Doubling capacity at our processing facility to 160,000 tonnes per year
  • Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
  • Third Party Economic Evaluation of Operations Planned for 2015
  • Strong Financial Backing

Company entered into an agreement with Mineração Batalha e Participações Ltda. to acquire the São Roque Phosphate Project in southeast Brazil.

The Project’s highlights include:

  • Located within the agribusiness region of Minas Gerais and São Paulo states, with many coffee, orange and sugar-cane (ethanol) plantations in the surrounding area.
  • At surface, high-grade phosphate mineralization has been identified with multiple grab samples from outcrops confirming >20% P2O5.
  • Geophysics anomalies very well defined and confirmed by surface sampling.
  • Close proximity to infrastructure, including roads, rail, water and power, and existing fertilizer producers. City of Piumhi is 40 km from the Project.
  • 70% interest earned through commitment to invest in exploration and project development. No direct payment to JV Partner.

BRAZIL’S DOMESTIC FERTILIZER SUPPLY DOES NOT MEET CURRENT DEMANDS

  • World’s largest exporter of sugar, coffee and orange juice and the 2nd largest in soybean exports
  • Brazil imports more than 50% of phosphate fertilizers used overseas
  • Significant transportation and logistic-related costs are added to imported fertilizers
  • DuSolo’s is increasing the supply of domestically produced fertilizers
  • Helping the country achieve agricultural self-sufficiency

FLAGSHIP ASSET LOCATED IN ONE OF THE WORLD’S LARGEST AGRICULTURAL REGIONS

  • The Cerrado region is home to one of the largest arable landmasses in the world
  • Majority of future increases in global food production is expected to come from this region
  • The tropical rains in the Cerrado wash away nutrients, leaving the soil poor for farming and needing to be fertilized frequently
  • Cerrado is land locked, therefore making fertilizer imports very expensive

 

STRONG DEMAND FOR DANF EXISTS IN THE REGION

Within a 500 km radius of DuSolo’s processing facility:

  • 1.2 million tonnes of phosrock is being consumed every year
  • 585 farms and agricultural centres exist
  • DANF consumption is growing at a compound annual growth rate of 6%
  • No domestic production

DuSolo Announces Fiscal 2015 Third Quarter Results

Posted by AGORACOM-JC at 10:00 PM on Monday, August 31st, 2015

  • Three months ended June 30, 2015, DuSolo produced 7,756 tonnes of Direct Application Natural Fertilizer product of varying grades. For the nine month period ended June 30 2015, the Company produced 11,164 tonnes of DANF product of varying grades
  • Three month period ended June 30, 2015, the Company sold 3,462 tonnes of DANF product of varying grades. For the nine month period ended June 30, 2015, 4,155 tonnes of DANF of varying grades was sold

VANCOUVER, BRITISH COLUMBIA–(Aug. 31, 2015) – DuSolo Fertilizers Inc. (TSX VENTURE:DSF)(OTC PINK:ELGSF)(FRANKFURT:E6R) (“DuSolo” or “the Company”) is pleased to announce its production, sales and financial results for the third quarter of fiscal 2015.

For the three months ended June 30, 2015, DuSolo produced 7,756 tonnes of Direct Application Natural Fertilizer (“DANF”) product of varying grades. For the nine month period ended June 30 2015, the Company produced 11,164 tonnes of DANF product of varying grades.

During the three month period ended June 30, 2015, the Company sold 3,462 tonnes of DANF product of varying grades. For the nine month period ended June 30, 2015, 4,155 tonnes of DANF of varying grades was sold.

Revenue for the three and nine month periods ending June 30, 2015 are $365,528 and $476,295, respectively. Gross profit for the same time periods are $144,661 and $200,044, respectively. Net loss for the three month period ended June 30, 2015 is $632,807 and net loss for the nine month period ended June 30, 2015 is $2,796,053. This translates to a loss per common share (basic and diluted) of $0.01 for the three month period ended June 30, 2015, and a loss per common share (basic and diluted) of $0.02 for the nine month period ended June 30, 2015.

The Company’s cash position as at June 30, 2015 was $659,339 (including $92,341 that was restricted). Working capital as of June 30, 2015 was $154,835.

“The Company remains focused on growing its operations and optimizing its production processes to become a Brazilian fertilizer producer,” said Darren Bowden, Chief Executive Officer. “Current Brazilian phosphate production does not meet domestic demand, and this shortfall is expected to continue in the coming years. DuSolo is uniquely positioned to capitalize on this and participate in this market.”

For more information, please refer to the management discussion and analysis and financial statements filed on SEDAR at www.sedar.com.

On behalf of DuSolo Fertilizers Inc.

Darren Bowden, Chief Executive Officer

Forward-looking statements

Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”. Forward looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

DuSolo Fertilizers Inc.
[email protected]
(604) 331-9853
www.dusolo.com

CLIENT FEATURE: Dusolo (DSF: TSX-V) Capitalizing on Brazil’s Growing Demand for Fertilizer

Posted by AGORACOM-JC at 4:58 PM on Monday, August 17th, 2015

BY BEING A DOMESTIC FERTILIZER PRODUCER, DUSOLO IS ABLE TO OFFER A PREMIUM PRODUCT AT A SIGNIFICANTLY LOWER COST

  • Direct Application Natural Fertilizer (DANF) product is in demand in the region
  • Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
  • Bomfim Processing Plant operating at full capacity
  • On track to produce at least ~100,000 tonnes of DANF in 2015
  • Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million
  • Starting to generate revenue

MANY NEAR TERM CATALYSTS EXPECTED

  • Entering into additional DANF product sales contracts
  • Doubling capacity at our processing facility to 160,000 tonnes per year
  • Updating the National Instrument 43-101 Resource Estimate to include results from the 2015 drill campaign – Recent drill results confirm presence of additional high-grade phosphate mineralization beyond areas identified in initial resource estimate
  • Third Party Economic Evaluation of Operations Planned for 2015
  • Strong Financial Backing

BRAZIL’S DOMESTIC FERTILIZER SUPPLY DOES NOT MEET CURRENT DEMANDS

  • World’s largest exporter of sugar, coffee and orange juice and the 2nd largest in soybean exports
  • Brazil imports more than 50% of phosphate fertilizers used overseas
  • Significant transportation and logistic-related costs are added to imported fertilizers
  • DuSolo’s is increasing the supply of domestically produced fertilizers
  • Helping the country achieve agricultural self-sufficiency

FLAGSHIP ASSET LOCATED IN ONE OF THE WORLD’S LARGEST AGRICULTURAL REGIONS

  • The Cerrado region is home to one of the largest arable landmasses in the world
  • Majority of future increases in global food production is expected to come from this region
  • The tropical rains in the Cerrado wash away nutrients, leaving the soil poor for farming and needing to be fertilized frequently
  • Cerrado is land locked, therefore making fertilizer imports very expensive

 

STRONG DEMAND FOR DANF EXISTS IN THE REGION

Within a 500 km radius of DuSolo’s processing facility:

  • 1.2 million tonnes of phosrock is being consumed every year
  • 585 farms and agricultural centres exist
  • DANF consumption is growing at a compound annual growth rate of 6%
  • No domestic production

Brazilian and North American fertilizer demand to rally

Posted by AGORACOM-JC at 12:56 PM on Monday, July 20th, 2015

20140514-dusolo200

  • Global fertilizer demand set to recover in the second half of 2015
  • PotashCorp reported that it expects the recent rise of global planted acreages to slow
  • Brazilian fertilizer purchases “are expected to accelerate in the third quarter and could lead to a more condensed delivery period”

Global fertilizer demand is set to recover in the second half of 2015, as farmer demand from North America and Brazil recovers, Canadian producer PotashCorp has said.

PotashCorp also reported that it expects the recent rise of global planted acreages to slow, as agricultural commodity markets cool.

North American potash demand is expected to rise as farmers address a mounting deficit in application.

Brazilian potash demand is expected to accelerate ahead of the country’s main planting season, helped by a recent improvement in crop prices, and a recently announced farm credit programme.

Improved demand

“Following a slower start in Brazil, we anticipate potash imports will accelerate during the third quarter,” PotashCorp said.

Brazilian fertilizer purchases “are expected to accelerate in the third quarter and could lead to a more condensed delivery period,” PotashCorp Said.

“Potash demand in Brazil slowed in first-half 2015 as farmers were concerned about weaker crop prices, the lower purchasing power of the Real and delayed credit availability from the government,” the report said.

The same dynamics will be seen in urea, with imports improving in the third quarter of 2015, in line with the same time last year, when imports reached a record 4m tonnes over the year. Brazilian phosphate imports are also seen rising next quarter.

Tentative buyers

North American demand is also expected to rise against the first half of the year, leaving full year sales down from the record 63m tonnes achieved in 2014 but remaining “at historically strong levels”.

“In North America, demand was lower in the first half of 2015 but is expected to be similar to historical levels in the second half”, the report said.

“Buyers were tentative in the first half as the spring application window was shortened and farmers weighed the impact of lower crop prices,” the report said, also noting record offshore imports pressuring North American producer sales.

“We expect healthy demand in the second half as crop prices have improved and farmers look to replenish soil nutrients after recent large harvests,” said PotashCorp.

Mounting deficit

The increased North American demand is driven by a mounting potash deficit.

PotashCorp notes that application rates have held steady in North America over the past 30 years, while yields per acre have increased significantly thanks to the use of higher-yield cultivars.

As a result of this, PotashCorp estimates that since 2010, the depletion of potash in US farmland soil has exceeded application by more than 7m short tons per year.

“Closing this gap would require farmers to nearly double application rates compared to current levels,” PotashCorp said.

The group notes application deficits across US growing regions, with the largest in the Central Plains.

“Relatively large potash application deficits were found in most major crop producing regions of the US,” the report said.

Farmland growth to ease

PotashCorp also noted that expects the rate of increase in global planted acreages to slow.

By breaking new ground, and by double and triple cropping existing ground, PotashCorp reports that farmers have added over 160 million planted acres to agricultural production in the past ten years, “an area similar to that of the US corn and soybean crop”.

“In response to rising global demand and higher crop prices, farmers have increased planted acreage over the past decade,” PotashCorp said.

As global commodity prices slow, PotashCorp expects that the rate of increase in planted area could slow, and “some marginal acreage could be removed from production”.

Chinese demand

In China, PotashCorp expects “strong farmer affordability and agronomic need will continue to have a positive impact on potash demand in 2015”.

Supply contracts to China have already been negotiated by the North American potash cartel Canpotex, of with PotashCorp is a member.

Canpotex has also signed supply deals to Indian groups, where PotashCorp expects “continued growth in 2015”.

PotashCorp estimates Indian imports at 5m tonnes over the whole 2015.

Kharif planting

The group reports that India’s monsoon “got off to a strong start in June, which supported Kharif crop planting and fertilizer demand”.

Kharif crops, usually grains and pulses, are planted with the start of the monsoon rains.

PotashCorp expects Indian urea imports to slow from the recent rapid pace, but leaving 2015 purchases well above last year.

India is expected to import over 5m tonnes of diammonium phosphate in 2015, compared to 3.6m in 2014.

Source: http://www.agrimoney.com/news/brazilian-and-north-american-fertilizer-demand-to-rally–8586.html

DuSolo Reaches Full Production Capacity at Bomfim Processing Plant

Posted by AGORACOM-JC at 8:33 AM on Wednesday, June 17th, 2015

  • Reached its full production capacity of 20,000 tonnes per month at its Bomfim Processing Plant where the Company manufactures its Direct Application Natural Fertilizer product
  • During the current planting season, DuSolo intends to produce at least 100,000 tonnes of DANF product, the maximum amount currently allowed by the mining permits the Company has in place
  • Earlier this year, DuSolo submitted an application to double its allowable mining capacity to 200,000 tonnes per year.

VANCOUVER, BRITISH COLUMBIA–(June 17, 2015) – DuSolo Fertilizers Inc., (TSX VENTURE:DSF)(OTC PINK:ELGSF)(FRANKFURT:E6R) (“DuSolo” or “the Company”) has reached its full production capacity of 20,000 tonnes per month at its Bomfim Processing Plant (the “Plant”) where the Company manufactures its Direct Application Natural Fertilizer (“DANF”) product. During the current planting season, DuSolo intends to produce at least 100,000 tonnes of DANF product, the maximum amount currently allowed by the mining permits the Company has in place. Earlier this year, DuSolo submitted an application to double its allowable mining capacity to 200,000 tonnes per year.

This year’s planting season began in late May, and is expected to go to late fall.

“This will be the first full planting season in which DuSolo will be producing fertilizers. At our current production rate, we are able to deliver on all sales contracts currently in place,” said Eran Friedlander, President and CEO of DuSolo. “With the anticipated increased capacity, the Company will be in a position to enter into additional sales contracts this year, thereby addressing the growing demand for DANF in the region.”

DANF PRODUCTION

The Company has re-commenced at surface mining operations at the Santiago target and is currently excavating around 1,000 tonnes per day.

DANF production restarted in late May, at which time DuSolo began ramping up its operations. The Plant is now running 5.5 days a week with two shifts working a total of 20 hours per day. Approximately 900 tonnes of DANF is now being produced daily, totaling 20,000 tonnes per month.

DuSolo also recently completed the construction of an on site laboratory in order to test and ensure the quality of its 12%, 15% and 18% P2O5 DANF products.

FACILITY UPGRADES

In anticipation of receiving permits to increase its production rate, DuSolo is installing upgrades at the Plant. The longer than expected rainy season and infrastructure-related issues prevented the Company from carrying out its initial plan to have the additional production capacity in place by the original date of March 2015.

DuSolo has now begun installing the three hammer mills, additional conveyor belts and electrical infrastructure upgrades necessary to increase its annual production capacity to 160,000 tonnes per year. Total capital expenditure is expected to be C$315,000 and will take approximately 2 months to complete.

ABOUT DIRECT APPLICATION NATURAL FERTILIZER

DANF is an environmentally friendly, natural fertilizer derived from phosphate-rich rock types. It can be used on its own or in combination with other phosphate-based fertilizers in order to increase crop yields. Farmers in Brazil’s Cerrado region prefer using DANF on their crops, however local supply is limited and the alternative, imported phosrock, is highly-priced due to transportation and other importation costs. By being the only DANF producer within a 500 km radius of its production facility, DuSolo is able to meet the needs of farmers in the area by providing a premium product at competitive prices.

DuSolo produces DANF during Brazil’s planting season, which typically goes from April to October. During the rainy season, November to March, the Company intends to carry out care and maintenance at the Plant in advance of the next planting season.

ABOUT DUSOLO

DuSolo Fertilizers Inc. (TSX VENTURE:DSF)(OTC PINK:ELGSF)(FRANKFURT:E6R) is a producer and distributor of phosphate based fertilizers within the Cerrado region of Brazil, one of the fasting growing agricultural producing regions globally. As part of a nationwide effort, incentivized by the government, DuSolo’s goal is to increase the supply of domestically produced fertilizers and help the region achieve agricultural self-sufficiency.

On behalf of the Board of Directors DuSolo Fertilizers Inc.

Eran Friedlander, President and CEO

Forward-looking statements

Certain information contained in this press release constitutes “forward-looking information”, within the meaning of Canadian legislation. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur”, “be achieved” or “has the potential to”. Forward-looking statements contained in this press release may include statements regarding the future operating or financial performance of DuSolo which involve known and unknown risks and uncertainties which may not prove to be accurate. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements. Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations. Among those factors which could cause actual results to differ materially are the following: market conditions and other risk factors listed from time to time in our reports filed with Canadian securities regulators on SEDAR at www.sedar.com. The forward-looking statements included in this press release are made as of the date of this press release and DuSolo disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

Disclosure

The Company is not basing its decision to begin production of DANF on a feasibility study of mineral reserves demonstrating economic and technical viability. Without a technical report demonstrating economic and technical viability, there is increased uncertainty as to whether DuSolo will be able to economically produce DANF products and as to whether DuSolo will be confronted with any unforeseen technical impediments. Similarly, the Company has not completed a preliminary economic assessment before making production and project expansion decisions.

Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.

DuSolo Fertilizers Inc.
Eran Friedlander
President and CEO
604-272-7157
[email protected]
www.DuSolo.com