MNB 6.52% 4.3¢ minbos resources limited

Ann: Phosphate Fertilizer Project Update, page-348

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  1. 14,276 Posts.
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    As far as I have been able to find out, Minbos has the only large, high grade, economic resource of phosphate in the country and they have applied for more exploration licenses.

    From your first link;

    "Built by the family-owned company Carrinho, the food park in Benguela is a beacon of hope for the entire country. “Our mission is to transform Angola. We want the country to be able to supply itself with food again,” says Nelson Carrinho, CEO of Carrinho Group."

    https://hotcopper.com.au/data/attachments/6228/6228180-49d9495aee3e8370c0e5467474db2c09.jpg

    "In the 1950s, to the average Angolan family produced 5 tons of corn per hectare of arable land; today, the figure is 700 kilograms. The country has 35 million hectares of arable land, of which only approximately 10% is currently cultivated. Although 2.5 million tons of food is grown locally, and production has grown rapidly over the past 15 years, much of it is not of a sufficient quality to be used for industrial processing."

    The difference between 5t per hectare and the current 0.7t is fertiliser. That has been clearly shown in MNB's extensive field trials.

    "That gap is now being filled and, with the “Agri” branch of the company, Carrinho is in the process of connecting small farmers and their families. Through NGOs such as Saiver, which train, mentor, and supply seed to local farmers, he has begun to build a nationwide network of raw material suppliers. This fall, 50,000 are to be contracted in a first test phase. But that is just the beginning. “Our potential in the coming years is around 1 million,” Carrinho says. "
    Last edited by chuk: 07/06/24
 
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