Aguia phosphate outshines imports in Brazilian crop trials
Aguia Resources has struck fertiliser gold in southern Brazil, after new field trials showed its homegrown organic phosphate products rival the performance of top-shelf imported fertilisers, at a fraction of the price.
Since 2019, the company has been running tests with remarkable success on its 12 per cent high-grade phosphorus pentoxide product - dubbed Pampafos - at its Rio Grande do Sul-based operation.
The ASX-listed junior has now released the results of a two-year independent field trial on its standard 6 per cent grade Lavratto product. The company says the findings are a game-changer for Brazil's phosphate-hungry agricultural heartland.
Conducted by renowned agronomist Dr Felipe de Campos Carmona at the Integrar/Agrinova Technological Centre, the trial spanned both winter and summer crop cycles. Phosphate was applied to ryegrass and oats in winter, followed by soybeans and corn in the summer.
'Aguia is making steady progress on becoming operational and the quality of the phosphate products has been confirmed by this recent test work.'
Aguia Resources executive chairman Warwick Grigor
Aguia's locally produced phosphorus compared toe-to-toe with the likes of imported 32 per cent grade Moroccan phosphate, triple superphosphate and uber-high-grade 48 per cent monoammonium phosphate (MAP).
The trials proved the company's products match or outperform the yield outcomes of the established fertilisers.
In soybean crops, Aguia's Lavratto topped the yield tables when applied at 200 kilograms per hectare (kg/ha), outstripping even expensive MAP fertilisers. The same trend appeared across successive ryegrass-soy and oat-corn crops. For corn, the highest yields came from a clever sequence of applying Aguia's Lavratto in winter, followed by MAP in summer.
Ryegrass responded particularly well to Pampafos at a higher 200kg/ha application, punching in dry yields above 8 tonnes per hectare. This is comparable to Morocco's phosphate and MAP, despite being a significantly lower-grade product.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
News.com.au
36 minutes ago
- News.com.au
Closing Bell: ASX banks stage a recovery, but market still stumbles 0.36pc
ASX 200 Banks index adds 0.49pc Eight of 11 sectors down, with losses led by industrials sliding -1.40pc Uranium and oil stocks lift energy sector out of the negative The ASX retreated in trade today, shedding 0.36% with 8 of 11 sectors staging a pullback. Most of the damage came from industrials (-1.4%), materials (-1.32%) and staples (-0.97%) but only financials (+0.35%), energy (+0.13%) and utilities (+0.03%) crept into the green. While rising oil prices definitely played a role in energy's ascent in trade today, plenty of alternative energy options were also climbing. As for the traditionalists, Karoon Energy (ASX:KAR) added 1.45%, Beach Energy (ASX:BPT) 1%, Santos (ASX:STO) 0.84% and Woodside (ASX:WDS) ticked up less than 0.1%. Yellowcake stock Bannerman Energy (ASX:BMN) climbed 1.7%, while hydrogen compression and shipping company Provaris Energy (ASX:PV1) added 26% – more on that below – Noble Helium (ASX:NHE) gained 15%, and small cap Terra Uranium (ASX:T92) jumped 11%. Elsewhere, ASX 200 Bank stocks also had a look in, adding 0.49% to handily outperform all other indices. Commonwealth Bank (ASX:CBA) climbed 1%, Westpac (ASX:WBC) added 0.63%, Macquarie (ASX:MQG) 0.26% and QBE (ASX:QBE) 0.26%. ASX SMALL CAP LEADERS Today's best performing small cap stocks: Security Name Last % Change Volume Market Cap CT1 Constellation Tech 0.002 100% 1366007 $1,474,734 ICU Investor Centre Ltd 0.002 100% 73361 $304,511 X2M X2M Connect Limited 0.03 58% 1678809 $7,375,455 ENT Enterprise Metals 0.003 50% 833333 $2,362,635 GMN Gold Mountain Ltd 0.0015 50% 308261 $5,619,759 SHP South Harz Potash 0.003 50% 4798931 $2,205,457 TEG Triangle Energy Ltd 0.003 50% 25553472 $4,178,468 BEL Bentley Capital Ltd 0.011 38% 70000 $609,023 BDT Birddog 0.067 37% 4404926 $7,912,815 ASR Asra Minerals Ltd 0.002 33% 1000000 $5,987,547 VFX Visionflex Group Ltd 0.002 33% 339890 $5,051,791 SMS Starmineralslimited 0.025 32% 1592556 $3,530,326 ODE Odessa Minerals Ltd 0.007 27% 1123503 $8,797,429 PV1 Provaris Energy Ltd 0.019 27% 11501526 $10,470,019 RDN Raiden Resources Ltd 0.005 25% 7927649 $13,803,566 RLG Roolife Group Ltd 0.005 25% 200000 $6,371,125 SKK Stakk Limited 0.005 25% 464971 $8,300,319 TFL Tasfoods Ltd 0.005 25% 1485145 $1,748,382 AIQ Alternative Invest 1.83 21% 700 $47,809,499 MIO Macarthur Minerals 0.018 20% 37000 $2,994,983 DGR DGR Global Ltd 0.006 20% 213910 $5,218,480 GLL Galilee Energy Ltd 0.006 20% 92911 $3,535,964 CSX Cleanspace Holdings 0.46 19% 56928 $30,115,969 NSB Neuroscientific 0.094 19% 496729 $11,423,785 G88 Golden Mile Res Ltd 0.013 18% 274617 $5,986,726 Making news… BirdDog (ASX:BDT), a software-enabled video solution company, has postponed a shareholder vote on the company's voluntary delisting from the ASX until July 22 and bumped the buy-back offer up by 40%. BDT has now offered to buyback public shares at a 112% premium to its 15-day VWAP at $0.07 a share. The board reckons it's the best move for the company as its share price has been underperforming at low levels of liquidity, at a price point they don't believe reflects BDT's inherit value. Provaris Energy (ASX:PV1) has given the proverbial shrug to a please explain price query from the ASX, indicating the company is unaware of why its share price is climbing. Last week, PV1 inked a development agreement with global shipping company 'K' LINE to collaborate on Provaris' H2Neo Carriers and H2Leo Barges, which form part of its near-shore hydrogen compression and shipping offering. X2M Connect (ASX:X2M) will deliver 100k IoT-connected personal safety devices to the City of Seoul under a $3m contract as part of the city's 2025 Smart City public safety initiative. The smart personal safety devices, dubbed 'Help Me' link directly with the city's infrastructure, capable of alerting police and emergency contacts, sharing the user's real-time location and initiating rapid intervention when activated. This first delivery will be made free of charge, with scope to scale up to 1 million devices over time as part of the government's broader public safety roadmap. ASX SMALL CAP LAGGARDS Today's worst performing small cap stocks: Security Name Last % Change Volume Market Cap ADD Adavale Resource Ltd 0.001 -50% 1600058 $4,574,558 EEL Enrg Elements Ltd 0.001 -50% 4800 $6,507,557 BCB Bowen Coal Limited 0.096 -47% 7552313 $19,396,360 GGE Grand Gulf Energy 0.002 -33% 2304895 $8,461,275 PKO Peako Limited 0.002 -33% 507500 $4,463,226 TMK TMK Energy Limited 0.002 -33% 1056109 $30,667,149 CZN Corazon Ltd 0.0015 -25% 368648 $2,369,145 FAU First Au Ltd 0.003 -25% 4999961 $8,287,973 LU7 Lithium Universe Ltd 0.006 -25% 4865736 $6,287,837 PRM Prominence Energy 0.003 -25% 2896755 $1,556,706 RNX Renegade Exploration 0.003 -25% 200000 $5,153,454 SFG Seafarms Group Ltd 0.0015 -25% 198541 $9,673,198 ZAG Zuleika Gold Ltd 0.014 -22% 2331314 $13,353,839 MAP Microbalifesciences 0.09 -22% 338928 $51,502,977 RPG Raptis Group Limited 0.035 -20% 1560453 $15,430,134 AAU Antilles Gold Ltd 0.004 -20% 11806409 $11,656,840 ALM Alma Metals Ltd 0.004 -20% 2250000 $7,931,727 ALR Altairminerals 0.002 -20% 300812 $10,741,860 AMS Atomos 0.004 -20% 1619145 $6,075,092 FIN FIN Resources Ltd 0.004 -20% 99999 $3,474,442 TYX Tyranna Res Ltd 0.004 -20% 488908 $16,442,127 VEN Vintage Energy 0.004 -20% 10000 $10,434,568 SNX Sierra Nevada Gold 0.021 -19% 966308 $4,281,137 INF Infinity Lithium 0.014 -18% 170785 $8,034,066 1AI Algorae Pharma 0.005 -17% 2085060 $10,124,368 IN CASE YOU MISSED IT Optiscan Imaging (ASX:OIL) has signed an exclusive five-year collaboration with Long Grove Pharmaceuticals to develop new applications for AK-FLUOR, a contrast agent used with Optiscan's fluorescence-based endomicroscopic imaging devices. DY6 Metals (ASX:DY6) continues to make progress at its recently acquired Douala Basin project in Cameroon on the trail of a major discovery. West Wits Mining (ASX:WWI) has started key work streams for Qala Shallows in South Africa as it launches a fresh DFS to plug in record gold prices to the already attractive mine. Infill drilling has confirmed and extended mineralisation at Mt Malcolm Mines' (ASX:M2M) Golden Crown prospect within its Malcolm project in WA's Eastern Goldfields after intersecting broad zones of gold. Tryptamine Therapeutics (ASX:TYP) has received approval from Swinburne University Human Research Ethics Committee for trial of proprietary psilocin-based IV-infused formulation TRP-8803 into binge eating disorder (BED). Drilling results from the remaining 63 aircore holes at Petratherm's (ASX:PTR) Rosewood heavy mineral prospect in Gawler Craton have expanded the mineralised zone, reinforcing consistency in grade and thickness. Exploration activity at Cannindah Resources' (ASX:CAE) Mt Cannindah project has confirmed opportunities to extend high-grade zones within the current 14.5Mt resource. With rising global tensions and the US pushing to develop domestic antimony production, Trigg Minerals (ASX:TMG) has moved to improve its strategic position by expanding its Antimony Canyon project in Utah. TRADING HALTS
West Australian
3 hours ago
- West Australian
Dale Henderson keeps the faith amid deteriorating lithium market with $1m splurge on PLS shares
The chief of PLS keeps buying millions of dollars worth of his company's stock amid a share price slide showing no signs of abating. Dale Henderson last week bought 755,000 shares in PLS, formerly known as Pilbara Minerals, for a total of $1.01 million — according to filings released to the ASX on Monday. This on-market outlay equates to $1.34 per share and comes seven months after a $1.1m spend on PLS shares. Mr Henderson bought 500,000 shares at $2.23 apiece during this December cash splash. But the spending sprees are unlikely to make a big dent in his bank balance. Mr Henderson's package of salary, shares and performance rights totalled $4.5m for the 2024 financial year. He now owns almost 2.1 million PLS shares, worth approximately $2.5m at current prices, and 2.1m of performance rights. PLS shares have sunk 61 per cent over the past year and 78 per cent since a November 2022 peak of $5.37. Its shares were in the red on Monday despite Mr Henderson's top up, trading down 2 per cent to $1.20 by 11.30am. Mr Henderson has been a vocal lithium bull, even in comparison to his other lithium CEO counterparts. While most miners of the battery mineral were battening down the hatches during the latter half of last year, PLS inked a deal to buy Brazilian-focused lithium developer Latin Resources for $560m. Mr Henderson described the major acquisition as 'counter-cyclical'. At the time of the Latin deal, the benchmark price of the spodumene concentrate lithium product PLS produces was over $US900 per tonne. And a year prior to the date of the deal it was about $US3500/t. It is now currently languishing at just over $US600/t, as slower-than-expected uptake of electric vehicles plus booming supply out of South America, Africa and China drags prices down.
West Australian
3 hours ago
- West Australian
Estrella strikes near-surface manganese paydirt in Timor-Leste
ASX-listed Estrella Resources has wasted little time making its mark in Timor-Leste, after the company revealed a high-impact 7.76-metre manganese oxide hit from just 30 centimetres below surface at its Ira Miri project in the country's northwest. The discovery came from a diamond drill hole using an upgraded rig, which twinned the project's first hole. The maiden hole pulled up short in mineralisation earlier this month. Drilling is now being powered by a repurposed Boart Longyear Deltabase 525 rig, which has been modified for exploration and fitted with an appropriate drill bit capable of churning through the harder material. The company says it significantly boosted core recovery at the project by switching the drill bit and improving the drilling fluids. The updated equipment is likely to be vital for generating results that meet the rigorous standards needed to define a resource under the JORC code. While assays for the first hole are still a few weeks away, the new hit is already shaping up as a significant moment for Estrella and Timor-Leste's emerging minerals. Initial visual estimates from the core show thick, continuous zones of manganese mineralisation, with some sections appearing to contain up to 100 per cent manganese oxide. Estrella says the material appears to be in-situ supergene enrichment from the Noni Formation and looks extremely well preserved beneath ancient overburden. Daws added the latest results, which twin the company's first hole, are strategically important, and provide Estrella with complete core for geological analysis and data on the depth of its initial manganese discovery. While Estrella is keen to point out that visual estimates aren't a stand-in for lab assays, the geology on show looks the real deal. Notably, the thickness of the manganese hit stacks up against Australia's legendary Groote Eylandt deposit, which averages just 3 metres. Estrella says drilling at Ira Miri will continue with step-out diamond holes designed to test the continuity and scale of the mineralised horizon. At the same time, reconnaissance mapping of the company's southern Lautém manganese grounds has continued. Environmental approvals - in conjunction with community input - are also being worked up at its Werumata site. It plans to drill a large 3.9 square kilometre target area at Werumata when the permits are secured. Estrella's boots-on-the-ground efforts are earning widespread recognition. Timor-Leste Prime Minister Xanana Gusmão met with the company's management, offering strong support for the project and for Estrella's broader exploration activities across the country. Estrella also organised a full site visit for more than 50 investors, national media representatives and senior government officials. The party toured the Ira Miri manganese site and its Werumata limestone project in Baucau. Attendees witnessed drilling in action and inspected a trench dug into a new discovery of massive manganese oxides 350m northwest of the current drilling, hinting at the project's potential scale. Backed by community support, government enthusiasm and early geological success, Estrella appears to be on track to cut out a new mineral province. With assays imminent and more drilling on the cards, punters are likely to keep a close eye on what comes next out of Timor-Leste. Is your ASX-listed company doing something interesting? Contact:
