Replenish Nutrients aim to achieve full operational capacity at its Beiseker Facility by late 2025.
The facility will produce between 20 000 - 25 000 tpy of granulated fertilizer once complete.
The company has also secured purchase orders for the first 6000 t of production at an average price of US$575/t. With consistent demand from long-time customers and distributors, Replenish Nutrients anticipates selling the facility's full production capacity, unlocking positive EBITDA, and operating cash flow on an annualised run-rate basis.
“This financing underscores the market's confidence in our regenerative fertilizer products and operational strategy,” said Neil Wiens, CEO of Replenish Nutrients. “With Beiseker's upgrades nearing completion, we are poised to drive meaningful revenue and margin growth while supporting farmers with sustainable and effective solutions.”