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Aguia (ASX:AGR) on consistent success with agronomic tests on various crops - Kalkine Media

June 22, 2022 11:51 AM AEST | By Mohammad Zaid
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Highlights

  • Aguia Resources (ASX:AGR) has received excellent results from the application of its DANF phosphate products across various commercial crops.
  • The results indicate potential for applying Pampafos® to various crops along with the potential to replace conventional and chemically processed phosphate fertilisers.
  • The company is experiencing growing levels of inquiry from large commercial farming operations.

Brazil, an agricultural powerhouse, is the third-largest agricultural producer in the world. The southernmost state of Rio Grande do Sul hosts one of the country’s richest agricultural assets. However, the continuous cultivation has caused exhaustion of soil nutrients in the state, resulting into a soaring demand for phosphate fertilisers.

In the current scenario, Aguia Resources Limited (ASX:AGR) continues to forge ahead with the testing of its branded natural phosphate fertiliser products, Pampafos® and Lavrato®, from the Três Estradas Phosphate (TEPP) project.

The agronomic testing of Pampafos® in a variety of commercial crops has delivered impressive results, boosting the company’s confidence in the competitive performance of the product.  

Let us look at these encouraging results that unquestionably confirm the efficiency of the company’s branded phosphate products. 

ALSO READ: Aguia Resources (ASX:AGR) making serious strides at Andrade copper project

Excellent productivity levels returned for rice crop

In early September 2021, AGR shared positive results from the application of its branded phosphate products, Pampafos® and Lavrato®, to rice crops. The testing returned excellent productivity levels. These were highly significant outcomes as tests were carried out on a large farming property in Rio Grande do Sul.  

 Rice production resulting from each treatment

Source: AGR Announcement 08/09/21

AGR believes that the productivity level returned for the rice crop suggested the high potential for the application of Pampafos® and Lavrato® in rice fields. Moreover, the results indicated the efficiency of these fertilisers to potentially replace conventional and chemically processed phosphate fertilisers.

 ALSO READ: Aguia Resources (ASX:AGR) welcomes first ruling in TEPP case

Very positive results from agronomic tests on oat crops

In December 2021, AGR received highly positive results from agronomic tests on oat crops using Pampafos® and Lavrato®. Oat productivity results using Pampafos® returned 92% of the productivity achieved using conventional Triple Superphosphate (TSP) in the same dosage.  

Oat dry mass production resulting from each treatment

Source: AGR Announcement 22/12/2021

The results indicated a high potential for using Pampafos® and Lavrato® in oat fields and positioned Pampafos® and Lavrato® as highly efficient natural phosphate sources.  

AGR has signed an MOU with fertiliser distributor, Tuch, for the future supply of Pampafos® to the RS State market. The results had greater significance as they came from the company’s first test conducted in partnership with Tuch.

ALSO READ: Aguia Resources’ (ASX:AGR) March quarter high on action at copper and phosphate projects

Excellent results from agronomic tests on wheat crops

Early this year, AGR received further excellent results from agronomic tests on wheat crops using Pampafos®.

In previous testing, the results received came close to that of chemical fertilisers, however, this set of productivity results indicated that the productivity of all treatments with Pampafos® surpassed that of chemical fertilisers.

Wheat grain production resulting from each treatment

Source: AGR Announcement 03/02/22

RELATED READ: Why are Aguia Resources’ (ASX:AGR) copper and phosphate projects set for an exciting year ahead?

Impressive results from agronomic tests on corn

Most recently, AGR received excellent results from agronomic tests on corn crops using Pampafos®. The results reinforce that the Pampafos® product continues to highlight agronomic efficiency across all major commercial crops.

Corn grain production resulting from each treatment

Source: AGR Announcement 01/06/22

 ALSO READ: Aguia Resources’ (ASX:AGR) Pampafos® beats chemical fertilisers; What’s Ahead?

Aguia is strategically located in one of the most productive agricultural belts in the world and has consecutively achieved good agronomic results on various crops. The company is well-placed to capitalise on the growing demand for organic fertilisers as consumers increasingly embrace clean-label food items.

AGR shares traded at AU$0.067 on 17 June 2022.


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