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(P)
PHOSPHATE
HARVEST MINERALS
Developing Fertiliser Projects
DEVELOPING FERTILISER PROJECTS TO MEET
THE GROWING DEMAND IN BRAZIL AND THE
WORLD.
Corporate advisor:
Investor Presentation
December 2014
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
Introduction
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Right commodities, Right location, Right time
EXCITING OPPORTUNITY
Drill ready potash targets in known salt layers at the Company’s 100% owned Capela Project.
Recently completed 3D seismic at the Capela Project has confirmed potential salt layers
at shallow depths of 235 - 325 meters.
Substantial land holding showing strong indicators of phosphate at the
Company’s 100% owned Arapua Project.
Granted exploration licenses and work programmes commenced.
IDEAL LOCATION
Brazil is the largest potash importer and the third largest potash consumer in the world.
90% of potash is imported and the remaining 10% is produced by Vale on adjacent block to the
Company’s Capela Potash Project.
Fertilizer demand in Brazil is estimated grow twice as fast as overall global demand from now until 2025.
All projects are ideally situated close to existing infrastructure and demand.
PROVEN MANAGEMENT TEAM WITH TRACK RECORD IN BRAZIL AND FERTILISERS
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
What is Potash(K) ?
For personal use only
Potash (K) is one of the three primary nutrients (N, P, K).
Potassium (K) is a soft and light alkali metal of a silver-white colour.
Sylvite and carnallite are the two minerals with the highest
concentration of potassium.
95%
of potash is used
for fertilisers.
Most crops need potassium (K) more than any other nutrient elements.
PHOSPHATE (P)
Plays a key role in root
development.
POTASH (K)
Improves plant durability
resistance to drought,
diseases, parasites and
cold weather.
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
What is Phosphate(P) ?
For personal use only
Phosphate (P) is also one of the three primary nutrients (N, P, K).
Phosphorus (P) is essential to a plant’s growth, its functions cannot be
performed by any other nutrient, and an adequate supply of P is
required for optimum growth and reproduction.
86%
of phosphatic rocks are used in
fertiliser manufacturing.
Phosphorus is a major nutrient required by crops in relatively large amounts.
Brazil is one of the largest users of phosphate and accounts for
80% of Latin American consumption.
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
GROWING POPULATION NEEDS HIGHER CROP YIELDS
DEMAND FOR GRAIN UP, SPACE TO CULTIVATE IS SHRINKING
10
0.28
Arable land per person
9
8
7
6
5
4
3
0.26
0.24
0.22
0.20
0.18
2
1
FOOD CONSUMPTION IS INCREASING
2050
2040
2020
2010
INCREASING BIOFUEL PRODUCTION
250
Dairy
Billions of litres
1200
Meat
2000
1990
2050
2040
2030
2020
2010
2000
1990
1980
1970
1960
1950
0.16
1000
800
600
400
200
150
100
50
200
0
2040
2030
2020
2010
2000
1990
1980
1970
1960
0
1950
million tonnes
Population in billions
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Global growing demand for fertilisers
2006
2008
2010
2012
2014
2016
2018
2020
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
Brazil is the world’s fastest growing fertiliser market
Harvested area in hectares
180000
160000
Production in tonnes
140000
120000
100000
80000
60000
40000
20000
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2001
2000
1999
1998
1997
1995
1994
1993
0
1992
World leader in ethanol production from sugar.
200000
1991
Brazil’s soils are potassium deficient and the crops grown
require potash nutrients.
BRAZIL IS ON TRACK FOR GROWTH
Harvested area VS Production
1990
The world’s biggest exporter of five internationally traded
crops and number two in soyabeans and maize.
100 hectares / ‘000 tons of production
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Fertiliser demand in Brazil will grow twice as fast as overall global demand.
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
Huge local market to meet and supply
For personal use only
Brazil imports 90% of its potash and 51% of phosphate consumption.
Over the last 15 years Brazil’s crop revenue has risen from
US$23bn to US$126bn and is estimated to increase a
further 40%.
The Government of Brazil is supporting the development
of potash projects to decrease its dependance on imports.
Ready access to ports, rails and roads to meet local and
international growing potash demand.
BRAZILIAN FERTILISER INDUSTRY SUPPLY
Import VS Production
100%
90%
10%
80%
49%
70%
60%
50%
40%
90%
Import
Production
25%
27%
75%
73%
Nitrogen
Total
51%
30%
20%
10%
0
Potash
Phosphate
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
Capela Potash Project
For personal use only
The Company has acquired a 100% interest in the Capela Potash Project sitting next to
the Taquari-Vassouras the only potash mine in Brazil.
The project is located in the Sergipe Alagoas Basin, which hosts
significant deposits of sylvinite and carnallitite.
Rocks with highest potassium concentrate.
The Capela Potash Project consists of eight granted exploration licenses
covering total area of 11,212 hectares.
Vale operates the Taquari-Vassouras Potash Mine 13km to the
south of the Capela Potash Project.
Recently completed 3D seismic has confirmed that the Capela Potash
Project is the possible northern extension to Vale’s Taquari-Vassouras
Potash Mine to the south.
The 3D seismic has identified the potential presence of salt layers at
relatively shallow depths.
Existing infrastructure with access to local and international markets.
Capela Potash Project
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
For personal use only
Capela Potash Project Location
13km
Capela Potash Project
Capela Potash Project
Vale project
Taquari-Vassouras Potash Mine. The only potash producing mine in Brazil.
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
Capela Potash Project - Exploration Programme
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The Company is planning to commence drilling programmes early in the 1st quarter 2015.
1ST QUARTER 2015 EXPLORATION PROGRAMME
Initial site visits and pre-drill preparation
and targeting has been completed.
u
Test shallow potash layers within 350 meters
of surface.
u
Drilling quotes received and the programme
to commence on 1st quarter of 2015.
Complete two drill holes or approximately
700 meters.
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
Arapua Fertiliser Project
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The Company has acquired the Arapua Fertiliser Project further developing its strong
presence in Brazil’s fertiliser sector.
The Arapua Fertiliser Project is located in the State of Minas Gerais,
approximately 400 kilometres south east of the Brazilian capital city
Brasilia and within one of the major agro-industrial centers of Brazil.
The Arapua Fertiliser Project consists of eight granted exploration
licenses covering total area of 14,946 hectares. The project is divided
into three blocks Arapua, Pindaibas and Maxixe blocks.
At the Arapua block, notable grades from recent grab samples ranged
from 5% to 24% P2O5, over apatite-rich kamafugitic rocks.
At Pindaibas block, recent auger drilling returned values up to 14.8%
P2O5.
The apatite-rich rocks are nearly horizontal and strongly weathered
allowing to an easy mineable operation.
Initial test work and scoping studies has commenced.
Arapua Fertiliser Project
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
About Company
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Managed by directors with a proven successful track record in Brazil and globally.
DIRECTORS
CAPITAL STRUCTURE
Brian McMaster
Executive Chairman
Share Price
AU$ 0.006
Matthew Wood
Director
Shares Issued
272.29 (M)
Luis Azevedo
Director
Market Capitalisation
AU$ 1.63 (M)
Mark Reilly
Director
ASX Symbols
HMI
Corporate Advisor:
Brazilian Legal Advisor:
Harvest Minerals (ASX:HMI)
Investor Presentation / December 2014
For personal use only
Contact Harvest Minerals (ASX:HMI)
STREET ADDRESS:
POSTAL ADDRESS:
CONTACT NUMBERS:
Level 1, 330 Churchill Avenue
PO Box 540
Tel: +61 8 9200 6264
Australia
Australia
SUBIACO WA 6008
SUBIACO WA 6904
Fax: +61 8 9200 4469
Forward-looking statements
This presentation includes certain “forward-looking statements.” All statements, other than statements of historical fact, are forward-looking statements that involve
various risks and uncertainties. There can be no assurances that such statements will prove accurate, and actual results and future events could differ materially from
those anticipated in such statements. Such information contained herein represents management’s best judgement as of the date hereof based on information
currently available. The company does not assume the obligation to update any forward-looking statement.