Keras Resources Strengthens US Operations with New Leadership and Product Success

The latest announcement is out from Keras Resources ( (GB:KRS) ).

Keras Resources PLC has announced a corporate update regarding its operations in Utah, USA, specifically highlighting the appointment of Colton Hale as Managing Director of its subsidiary Falcon Isle Resources Corp. The company is seeing positive progress at its Delta Facility, producing both Phosul® granulate and PhosAgri Organic products. PhosAgri Organic has seen a 15% increase in sales, while Phosul® has been recognized with the 2024 Green Chemistry Challenge Award for its environmentally friendly production process. The demand for these products is expected to continue growing, strengthening Keras’s position in both the organic and conventional fertilizer markets.

More about Keras Resources

Keras Resources PLC is a mining company focused on producing high-grade organic phosphate through its subsidiary Falcon Isle Resources Corp. The company operates the Diamond Creek phosphate mine in Utah, USA, and processes the phosphate into organic fertilizers at its Delta Facility. Keras aims to expand its market share in the US organic fertilizer market and establish Diamond Creek as a leading organic phosphate producer.

YTD Price Performance: -34.04%

Average Trading Volume: 76,763

Technical Sentiment Signal: Buy

Current Market Cap: £1.48M

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