Verde Agritech is a pioneering company dedicated to addressing some of the world’s most critical challenges, including climate change, geopolitical security, longevity inequality, and food security. Its four-pillar approach positions Verde Agritech as a leader in sustainable solutions with a significant global impact. 

Verde Agritech endeavors to develop the world’s largest carbon capture project, leveraging enhanced rock weathering to sequester atmospheric CO2, combat climate change, and promote a sustainable future. 

By diversifying the global potash supply chain, Verde Agritech aims to reduce dependence on two primary suppliers, fostering stability and resilience in the essential agricultural resource. 

Through nutrient enrichment and sustainable agricultural practices, Verde Agritech addresses hidden hunger and works to close the longevity gap, ensuring access to essential nutrients for everyone, regardless of socioeconomic background. 

By developing and implementing cutting-edge technologies to increase fertilizer efficiency and agricultural productivity, Verde Agritech plays a vital role in promoting food security and environmental sustainability for future generations. 

Verde Agritech stands out as a forward-thinking company devoted to making a tangible difference in the world. This unique combination of innovation and commitment to creating a more equitable, healthy, and prosperous future for all highlights the company’s significance in the global sustainability landscape.

Our History

Driving sustainable agriculture

Verde AgriTech is a pioneering agricultural technology company leading the way in CO2 capture through Enhanced Rock Weathering. Since our establishment in 2005, research and development have been the cornerstone of our work. After extensive studies on the crop nutrition market, we made the strategic decision to invest in potassium production—an essential nutrient for agriculture. Traditionally, Potassium Chloride, also known as KCl, has been the primary fertilizer used as a potassium source. However, studies have uncovered the adverse effects of excessive chloride on soil health and microbiome balance. In contrast, our focus has been on conducting research in Brazil to identify sustainable agricultural initiatives that not only enhance soil biodiversity but also promote long-term ecological balance. Recognizing the potential of integrating agriculture and carbon capture solutions, we set out to make a positive global impact. By uniting these two fields, we envision a future where sustainable farming practices and carbon capture technologies work synergistically, delivering multiple benefits to the environment and agricultural communities alike.

Assessing our resources

Following extensive geological research, including over 40,000 meters of drilling and chemical analysis, we commissioned an independent mineral resource and reserve study compliant with the Canadian National Instrument 43-101 standard. This study revealed mineral resources exceeding 3.32 billion tonnes of naturally occurring Glauconitic Siltstone, also known for its potassium content, a vital nutrient for plant growth. This geological occurrence is situated in the state of Minas Gerais, Brazil, near key food-producing regions. Our resource's strategic location plays a vital role in reducing carbon emissions linked to the transportation and distribution of minerals. This fosters a more sustainable supply chain, aligning with our commitment to environmental responsibility.

Developing our products

The introduction of our flagship product, K Forte® (also known as Super Greensand®), played a pivotal role in our journey. Developed through our proprietary technologies, K Forte® has demonstrated its ability to enhance soil fertility, improve water retention, and nourish crops, resulting in healthier plants and significantly increased yields. In 2020, we expanded our product line with the launch of BAKS®, an innovative solution that combines K Forte® with carefully selected nutrients. This breakthrough allows farmers to customize nutrient compositions based on the unique requirements of each crop. BAKS® provides a cost-efficient option by consolidating multiple nutrients into a single fertilizer, reducing the frequency of applications throughout the year and resulting in operational cost savings for farmers. From 2017 to 2022, we successfully deployed 1.42 million tonnes of our products in agricultural soils, showcasing the widespread adoption and trust placed in our solutions by farmers worldwide.

Biologicals in agriculture: The game-changer

In 2022, we launched Bio Revolution, our technology that allows the incorporation of microorganisms into mineral fertilizers. Setting a new standard in the industry, K Forte® became the world's first fertilizer to utilize the Bio Revolution technology. Bacillus aryabhattai, globally renowned for its significant agricultural benefits, was the first microorganism incorporated into our products. Biologicals are a game-changing approach to the field of agriculture, delivering a multitude of significant benefits throughout its value chain. The adoption of biologicals brings about a transformative shift, offering improved soil health, reduced input costs, higher crop yields, diminished greenhouse gas emissions, enhanced customer satisfaction, and augmented income for farmers. Today, we hold the distinction of being the largest company in the world that produces mineral fertilizers with added microorganisms.

Starting our operations and growing our business

In 2018, Verde built its first production facility, Plant 1, and began commercial production. Within a few years, we undertook expansion efforts to increase the production capacity of Plant 1 to 0.6 million tonnes per year (Mtpy). In 2020 and 2021, we experienced sold-out production. In 2022, we initiated and successfully completed the construction of our second production facility, Plant 2. The expansion process for Plant 2 was finalized within the same year, doubling its production capacity from 1.2 Mtpy to 2.4 Mtpy. Furthermore, we operate a Bioproduction facility, designed for large-scale production of biological additives and the incorporation of microorganisms into our products using our proprietary technology, Bio Revolution. In addition to our production plants, we also operate three research laboratories focusing on Microbiology, Mineralogy, and Agronomy. To date, our investments in R&D and infrastructure have surpassed C$111 million.

Where we stand

Today we are developing one of the world's largest carbon capture projects. Through Enhanced Rock Weathering, each tonne of our product has the potential to permanently capture 120 kg of CO2 from the atmosphere, while simultaneously providing potash to plants, an essential nutrient. In 2022, Verde Agritech became Brazil's largest potash producer by capacity, boasting an annual production capacity of 3.00 million tonnes. Therefore, the Company can currently capture and offset up to 0.36 million tonnes of CO2 per year, while simultaneously supplying essential potash nutrients to plants. As Brazil's largest potash producer by capacity, we have na installed annual production capacity of 3.00 million tonnes. Therefore, we can currently capture and offset up to 0.36 million tonnes of CO2 per year, Verde AgriTech is currently pursuing an ISO 14064 certification for its carbon credits. Notably, we already hold ISO 9001 and 14001 certifications, evidencing our dedication to quality management and environmental responsibility.

Looking ahead

Our goal is to achieve an annual production capacity of 50 million tonnes, establishing Verde AgriTech as one of the world's largest carbon capture projects. By accomplishing this milestone, we aim to permanently remove up to 6.0 million tonnes of CO2 from the atmosphere annually. Furthermore, we are committed to remaining at the industry forefront by developing innovative technologies and pioneering new products. Through continuous investments in research and development, as well as operations optimization, we bring together the best of nature and technology to revolutionize agriculture, making it healthier, more productive, profitable, and sustainable.

Our Team

Cristiano Veloso

CEO

Felipe
Paolucci

CFO

Luciana de Oliveira Cezar Coelho

Independent
Director

Fernando Prezzotto

Independent
Director

Madeleine
Lee

Independent Director

Renato
Gomes

Independent
Director

rinamara – melhoprias121
Dayana – melhoria 23
Ernesto Lopes – melhoria 23
Gessyca Silva – melhoria 23
Lillian Oliveira – melhoria 23
Rafael Abreu – Melhoria 23
Rafaela Santos – melhoria 23
Rodrigo ML – melhoria 23
Ana Clara – Melhoria 23
Camila Souza – melhoria 23

Verde operates three research labs focusing on Microbiology, Mineralogy, and Agronomy.

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Microbiology Lab

The Microbiology Lab plays a pivotal role in driving the ongoing development of new products and technologies. Serving as a central hub for bioprospecting, it is devoted to conducting research and cultivating novel microorganisms. These microorganisms are meticulously studied for their potential application in our Bio Revolution technology, while simultaneously being evaluated for their applicability in other groundbreaking solutions.

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Mineralogy Lab

The Mineralogy Lab employs cutting-edge technological equipment to conduct precise physical and chemical analyses across a wide range of materials. The analyses performed in this lab ensure that our products, conceived with advanced built-in technologies, adhere to the most stringent quality control standards.

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Agronomic Testing Labs

Over the course of 11 years, we have established multiple agronomic research sites that serve as vital laboratories for evaluating the performance and effectiveness of our products in real-world field conditions. These sites have played a pivotal role in conducting agronomic tests, enabling us to gather invaluable insights and data. This information has been instrumental in driving both the development of new products and technologies and the continuous improvement of our existing solutions.

Verde’s production plants are based in São Gotardo, Minas Gerais State, Brazil

With our current installed production capacity of 3.00 million tonnes per year, we have the capability to capture and offset up to 0.36 million tonnes of CO2 annually.

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Plant 1

Plant 1, with a production capacity of 0.6 million tonnes per year, leverages a diverse array of cutting-edge technologies to drive its operations. The integration of Micro S Technology, 3D Alliance, Cambridge Tech, and Bio Revolution plays a pivotal role in elevating the performance of our products, while simultaneously ensuring enhanced efficiency and increased sustainability.

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Bioproduction Plant

Our Bioproduction Plant excels in large-scale production of meticulously selected biological additives, cultivated in our Microbiology Research Lab. These additives are seamlessly incorporated into our products through the Bio Revolution technology.

Mineral Resources

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After conducting extensive geological research, including over 40,000 meters of drilling and chemical analysis, Verde commissioned an independent mineral resource and reserve study compliant with the Canadian National Instrument 43-101 standard

This study revealed combined measured and indicated mineral resources of 1.47 billion tonnes at 9.28% K2O and inferred mineral resources of 1.85 billion tonnes at 8.60% K2O, with a 7.5% K2O cut-off grade.

Adhering to the NI 43-101 standard guarantees the consistent mineral composition of our rock and the absence of contaminants.

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The state of Minas Gerais, Brazil, is home to this significant geological occurrence

Its strategic location adjacent to key food-producing regions plays a vital role in reducing carbon emissions associated with the transportation and distribution of the rock and fosters a more sustainable supply chain.

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From 2017 to 2022, we successfully applied 1.42 million tonnes of our rock to agricultural soils, showcasing the positive impact of its potassium content on soil fertility

Moreover, we possess the capacity to deploy the additional 3.32 billion tonnes from our directly controlled mineral resources in future years.

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Our Impact

Potassium Chloride Replacement

KCl is the conventional source of potassium. Despite its effectiveness as a potassium fertilizer, the production and use of KCl have resulted in significant environmental and social costs.

In Q1 2023, 8,559 tonnes of chloride have been prevented from being applied into soils by farmers who used our products in lieu of potassium chloride fertilizers, totalling 121,201 tonnes prevented since the Company started production.

Mitigating climate change through ERW

With our current installed production capacity of 3.00 million tonnes per year, we have the capability to capture and offset up to 0.36 million tonnes of CO2 annually. In our 50.00 million tonnes production scenario, we aim to emerge as one of the world’s largest carbon capture projects, with a substantial total of 6.00 million tonnes of CO2 permanently removed from the atmosphere each year.

Our mineral resources possess the remarkable total carbon removal potential of 0.40 gigatonnes of CO2.

Forest conservation and reforestation

As part of our dedication to combat deforestation, we have undertaken a commitment to refrain from our products in 218 municipalities predominantly covered by the Amazon rainforest, except for native tree reforestation projects. This commitment encompasses a total area of 2.23 million sq km.

Furthermore, since 2019, we have actively engaged in reforestation initiatives, planting over 30,000 native trees in the state of Minas Gerais. Among these trees, we have prioritized the planting of thousands of endangered species.

Social Initiatives and Community Engagement

We are deeply committed to community development and actively engage in social initiatives that foster partnerships and contribute positively to local communities. Our comprehensive initiatives include support for sports and culture, environmental education programs, daily safety dialogue sessions, monthly awareness campaigns, internal forest fire brigade training, and other projects aimed at enhancing the welfare of both our local communities and employees.

Certifications

International and Local Certifications

Organic Agriculture

Technical Standards

Public listing

Currently pursuing

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