Very pleased to have progressed to hot commissioning and production of first organic phosphate granules from our integrated granulator plant in Delta, Utah. An exceptional 5-month effort. Now the hard work begins to optimise & ramp up to steady-state production.
Keras Resources plc is pleased to announce commencement of C1 dry commissioning of our Integrated Granulator Plant on schedule at our newly acquired Delta processing facility. C1 is a significant milestone for Keras’s 100% owned Falcon Isle Resources Corp.
Having acquired the Delta Facility on 26 Jan 2024 and commenced construction of the integrated milling and granulator plant on 5 Feb, what we've achieved in a three month period has been outstanding. Looking forward to commissioning during the back end of May! Well done team!
Solid progress from the construction team integrating our high pressure grinding rolls mill with the twin pan granulator plant in the 50,000 square foot warehouse at our newly acquired 8.4 acre Delta Property. On target to commission and ramp up production during Q2 2024.
Having recently announced the acquisition of a new property in Delta, Utah, and signature of a granulator JV with fertilizer specialists Phosul LLC, we’re very pleased with progress of construction of our twin pan granulator plant in our new 50,000sq ft (4,650m2) warehouse.
Proud of our ops team making the mining of an orebody at a challenging dip at an altitude of 8,000ft look easy. Well done to the team, we continue to grow this business with a number of milestones achieved to date. Organic rock phos fertilizer from https://t.co/t480ZD0GM6.
It was great to be at the World Ag Expo in Tulare, California recently, promoting #PhosAgri, cementing existing relationships and building news ones in the diverse and hugely impressive California Valley. #WAE23#organic#phosphate#sustainableagriculture
"Sales continue to be our main focus and we will be supplying our full range of products throughout the winter as growers re-stock for the spring planting season early next year.”
🌿Extended mining campaign completed🌿
We’re delighted that we successfully concluded our extended mining campaign at our high-grade Diamond Creek Organic Phosphate Mine, USA.
See our press release today: https://t.co/yHlNQ6XEV5
Our CEO said, “We are very pleased to have completed our extended mining campaign which exceeded our plan by some 500 tons. We are now fully stocked for the coming months with ore available to meet committed demand as well as plenty of material to process bespoke orders.
🌿Extended mining campaign well underway & scheduled for completion this week. Our phosphate prodcut will be sold direct to the US fertiliser market. #KRS#organicfertiliser#growth🌿
✅Successful placing of £1.95m (before expenses) raised at a premium supported by cornerstone investor ✅First Uranium Resources Ltd
✅Welcomed new Board positions and members
See full press release here: https://t.co/NEq9wFEqLb
📢RNS Alert - Interims📢 #KRS announced our half year results today. Hightlights include...
✅Building Keras into a cash-generative producer of high-grade premium organic fertiliser in the North American market
✅Increased ownership of Diamond Creek phosphate mine, Utah to 100%
✅Record sales in August 2022 of 700t (40% in excess of budget)
✅Sales guidance of between 7,500 tons and 8,000 tons of phosphate product from September 2022 to June 2023
✅Targeting 25,000 tons per annum of phosphate product as our medium-term annual sales objective
Last week, our CEO, Graham Stacey and Chairman Russell Lamming joined investors on Investor Meet Company to update on development plans for our cash generative, wholly owned, Diamond Creek Phosphate Mine in Utah
You can watch the full presentation here: https://t.co/8I2llNAPxX
🔊We have launched a new corporate website 🔊
Visit https://t.co/02WeU6gGT3 and follow our story as we continue to develop our cash generative, wholly owned, Diamond Creek Phosphate Mine in Utah - increasing our market share in the fast-growing US fertiliser market.
#fertilizer