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Gold/Mining/Energy : Verde Agritech -- Ignore unavailable to you. Want to Upgrade?

To: mobility2 who wrote (1440)	8/20/2010 11:10:51 AM
From: Rocket Red	Read Replies (1) \| Respond to of 16592

Agree 100%

To: mobility2 who wrote (1440)	8/21/2010 8:30:25 AM
From: Rocket Red	2 Recommendations Respond to of 16592

The State Parliament of Minas Gerais together with federal and state government institutions held public hearings on May 18, 2009. Concluding the hearings, government officials declared their intentions to establish development partnerships to support geological, metallurgical and agronomic efficacy work related to verdete slate. In Brazil, public hearings are convened by representatives of government to discuss important issues of economic and social development. Relevant authorities and specialists are called upon to facilitate discussion, alongside other interested parties who are invited to contribute opinion. The public hearing was convened by members of Minas Gerais State Parliament Delio Malheiros (president of the commission for public administration) and Vanderlei Jangrossi (president of the commission for agricultural and industrial policy). Fertilizer is of special interest to the state of Minas Gerais where agribusiness contributed approximately $45-billion to the state GDP in 2008. According to Antonio Carlos Arantes, member of State Parliament, "Fertilizer costs for farmers in the state have risen more than 500 per cent in the past 14 years, while prices for the goods produced have increased on average less than 25 per cent." The hearing's conclusions delivered unanimous support for verdete slate, noting its potassium content, relative abundance and strategic location. The main actionable objective is stimulating the development of competitive fertilizer products in terms of effectiveness and price for the agricultural sector. Mr. Ciminelli voiced support for government-assisted development of verdete slate saying: "Definitely, verdete is a great solution for Brazil in terms of domestic production of potash. I understand that we are fully able to seek and develop technological solutions and complete studies for verdete and the generation of a new fertilizer. I think we have no other option for the State of Minas Gerais, but to embrace this opportunity and join in partnerships to accelerate development." Most notably Mr. Barroso and Mr. Carneiro also made comments recommending government involvement in fast-tracked development of verdete slate.