Market Impact and Opportunities

Market Impact and Opportunities

     a) Adequacy, plan and mechanisms for input procurement

MG is made from mineral rich deposits of chelated trace minerals in the US and Eastern Europe. The deposits contain up to 78 active chelated trace minerals. The minerals are first micronized into a powder.

The micronized mineral powder is then taken through a patented wet process where it is nano-sized and put into a concentrated liquid form and shipped to distributors in 275-gallon totes.

MG is able to deliver the mineral powder to wet plants as they expand to process to liquid concentrate in 275-gallon totes. It may be that some shipments are handled by rail (available) depending on the needs of distributors. The cost of a driver and operation of the truck are included in the financial analysis for the project.

     b) Current and anticipated number of agricultural producers benefiting from the project

The unique characteristics of the pre-chelated nano-sized Montmorillonite 78 trace minerals in the MG means they can be absorbed directly through foliar application more efficiently than traditional fertilizer chemicals. MG absorption rate is 95% compared to an 8% absorption rate for NPK fertilizers. That makes their impact on any crop more immediate, with a stronger increase in productivity, and a long-term impact on improving the quality of the soil over time. It also means that this fertilizer only needs to be applied three times during the growing season.

If a plant produces roughly 6 million gallons of MG per year and 1 gallon treats one acre on average, and if each crop requires up to three applications per growing season, then the production of one wet plant using 6 turbines will successfully treat 2 million acres per year. This will result in the elimination of the need for other fertilizers, or a significant reduction in the need for and use of NPK, less water and lower levels of pesticides. This represents a higher and disproportionate impact on the amount of NPK required per acre (20 treatments/crop/200 lbs. per acre) when replaced by Mineral-Gro® TNT using only 3 gallons per acre across 3 treatments per growing season.

    c)  Current or prospective end‐user commitments

Having demonstrated the cost benefit analysis of MG as a legitimate, natural alternative to synthetic fertilizers, the MG team is currently working with the larger agricultural producers to move from early adopters to full-scale adoption of this unique alternative as a foliar spray option to traditional NPK products.